AFUDC Definition

AFUDC is Accumulated Funds Used During Construction or Allowance for Funds Used During Construction.

Learn new Accounting Terms

OMB is Office of Management and Budget.

ALLOWANCE, within Sales, is a concession granted to customers for unsatisfactory goods or services. Reduces sales because a portion of the sale has not been earned.

Suggest a Term

Enter Search Term

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

Purchase and download Glossary
Only $9.95