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   

Backpay Raw Materials Medium of exchange
Business cards Volens Domicile of choice
Equity Release Accrual Accounting Building Society
Internet and email usage policy Amortisation On Consignment
Year end dividend Option to Tax Over the Counter
Zero Growth Ogden tables XU
Phishing Manufacturing cell Pula
Real Time MoneyGram Waiver
CSS Gross WCO
Certified Documents Political Risk Horizontal merger
Utter Lucas critique Venture Capital
Loan Packaging Place Of Supply Overbought
ISO 27001 Stakeholder Asset stripper

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.