Glossary

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Looking for a quick definition?

We’ve got loads of key subject terms in our subject glossaries. There are three ways of finding what you are looking for:

  • First click on the letters of the alphabet to browse for terms.
  • Select a subject from the drop-down menu above to filter the terms by Subject.
  • Or lastly, type the term you are looking for into the search box.

EXAMPLES

Here are some examples of the kinds of definitions you’ll find on this page.

Subject:

(also called direct cost, direct expense or prime cost) expense linked directly to the...

Subject:

depreciation calculated from the first day of the financial year up to the date of the sale of...

Subject:

the money a business makes when its income exceeds its expense.

Subject:

final account that shows all other income and expense accounts.

Subject:

(also called mark-up) profit percentage added to the cost price.

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