ATTRITION Definition

Bookmark and Share

ATTRITION a reduction in numbers usually as a result of resignation, retirement, or death.

Learn new Accounting Terms

CONTRIBUTION MARGIN (CM) is the difference between sales and the variable costs of the product or service, also called marginal income. It is the amount of money available to cover fixed costs and generate profits.

PROFIT is the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses).

Suggest a Term

Enter Search Term

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