ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
DEFERRED EXPENDITURE Definition
DEFERRED EXPENDITURE is an expenditure for which payment has been made or a liability incurred but which is carried forward on the presumption that it will be of benefit over a subsequent period or periods. This is also referred to as deferred revenue expenditure.
Learn new Accounting Terms
AS-IS CONDITION is the transfer of title to a property in an existing condition with no warranties or representations.
SETOFF is the discharge of a debt by setting against it a distinct claim in favor of the debtor.