BONDED Definition

Bookmark and Share

BONDED is to: a. secure payment of duties and taxes on (goods) by giving a bond; or, b. convert into a debt secured by bonds; or, c. provide a bond for or cause to provide such a bond (e.g., to bond an employee) that guarantees any monetary loss caused by intentional acts by the bonded employee.

Learn new Accounting Terms

SUTA see STATE UNEMPLOYMENT TAX ACT.

REVENUE EXPENDITURE is the cost of resources consumed or used up in the process of generating revenue, generally referred to as expenses.

Suggest a Term

Enter Search Term

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