Business Terms and Jargon Explained

What is Write-off

This is were 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   

MINT Freehold N1 Civil Court form
MD4 Back Office Easter egg
CHIP and PIN OEIC APK
Privacy statement APACS Rational Decision
Seigniorage Process Chargeable Income
Kwanza Grant caeterorum Urlencode
Living Wage Garnishment Sub nomine
Actuary PayPoint LTV
Acquirer ERNIE Holding Company
Surplus Descope Guarantor
Ademption N213 Civil Court form Variable Rate Loan
REDCENT Base58 Balboa
Business Class Independent Complaints Reviewer Flash

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 © 2004-2019 Scopulus Limited. All rights reserved.