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   

Zombies MANGO Affiliate
Quantize Entitled Vessel Temporary Importation
Annul Autoresponder Lead time
Packet Filtering Open End Credit Jobber
Bonded Warehouse Repo Real
Net worth Annual bonus Sort code
Doli incapax Signature Astute
Lucas critique Locked box Kerning
Accepting house Payout Period Volume discount
Forwarding Agent Copyright Tribunal BZIP2
N215 Civil Court form ETA Interview
Ratification Resource Allocation ISA
Statutory Company Administration Core Competences

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.