Glossary

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employee

Subject: 

  • Accounting

person paid to do a job or work or provide a service

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mark-up
Subject:
Accounting

(also called profit margin) the percentage the business adds to the cost price in order to reach...

client
Subject:
Accounting

customer of a professional service provider

selling price
Subject:
Accounting

price at which something is offered for sale

customer
Subject:
Accounting

person who receives or consumes goods or services and can choose which goods and services to buy...

deficit
Subject:
Accounting

(also called shortfall) amount by which a sum of money is too small (lower than expected or...