ALLOWANCE Definition

Bookmark and Share

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.

Learn new Accounting Terms

BDI see BASIC DEFENSE INTERVAL.

CAPITATION, generally, is a tax or payment levied on the basis of a fixed amount per person. In medical insurance, it is a method of paying for healthcare services on the basis of the number of patients who are covered for specific services over a specified period of time rather than the cost or number of services that are actually provided.

Suggest a Term

Enter Search Term

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