BOOT Definition

Bookmark and Share

BOOT is money received during an exchange to equalize values, e.g. if a person sells his business for an assumption of liabilities and for some cash the cash is boot.

Learn new Accounting Terms

CONTRACT COSTING is mainly associated with civil engineering works, although sometimes also with the manufacture of a major engineering structure over a considerable time (for example, a contract to manufacture a turbine generator).

AP is Accounts Payable.

Suggest a Term

Enter Search Term

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