ABSORPTION VARIANCE Definition

Bookmark and Share

ABSORPTION VARIANCE is the variance from budgeted absorption costing of manufactured product. See also ABSORPTION COSTING.

Learn new Accounting Terms

MARGIN ACCOUNT (Stocks) is a leverageable account in which stocks can be purchased for a combination of cash and a loan. The loan in the margin account is collateralized by the stock and, if the value of the stock drops sufficiently, the owner will be asked to either put in more cash, or sell a portion of the stock. Margin rules are federally regulated, but margin requirements and interest may vary among broker/dealers.

DELIVERY ORDER is a document from the consignee, shipper, or owner of freight ordering the release of freight to another party.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.