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   

Privilege Exempt Supply Mortgage Offer
Past Service Open court API
Forfeiture Free Zone Manager ETA
Capital intensity Moonlighting Firmware
Per minas Direct Costs Specified Supplies
Restricted Goods Customs Release In camera
WIP Term deposit IPT
Declaration of incompatibility Artificial Intelligence Share Premium
Minutes Backdoor Rupiah
Self Assessment E.C.B EDCS
Abscond Marginal Cost Pricing HTML
Blue Chip Intellectual property Subscription Right
IP Covenant Credit-Worthiness

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 © 2004-2020 Scopulus Limited. All rights reserved.