BOND REFERENDUM Definition

Bookmark and Share

BOND REFERENDUM see REFERENDUM.

Learn new Accounting Terms

PURE RESEARCH is motivated exclusively by the search for knowledge for its own sake.

NORMAL PROFIT is the opportunity cost of using entrepreneurial abilities in the production of a good, or the profit that could have been received by entrepreneurship in another business venture. Like the opportunity costs of other resources, normal profit is deducted from revenue to determine economic profit. It is, however, never included as an accounting cost when accounting profit is computed.

Suggest a Term

Enter Search Term

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