Business Terms and Jargon Explained

What is Write-off

This is where an asset value is reduced to zero. This can be a fixed asset or a current asset. E.g a debtor can not pay and the amount is not recoverable. This amount is written off the balance sheet and charged in the profit and loss account.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

Compensation funds Obiter dictum Adware
Business Week In limine Buy-in
Affirmation CFR Specified Supplies
Ipsissima verba Copyright Tribunal Dong
Cookie Progress payments Comitology
Leasehold Inland Revenue Natural resources
Factor BitPay Internet Protocol Security - IPsec
Representation order Zero Growth N268 Civil Court form
Recorder Pegging Best Judgement Assessment
Interium IDD Judiciary
Rufiyaa learning curve Profit
Kroon Direct Debit ETA
Defragmentation Arbitration ROI

Term created / updated 2009-03-19 11:53:36

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.