BURDEN RATE Definition

Bookmark and Share

BURDEN RATE, when referring to personnel burden, is the sum of employer costs over and above salaries (including employer taxes, benefits, etc.). When referring to factory or manufacturing see OVERHEAD.

Learn new Accounting Terms

ACR is Accounts Receivable. See ACCOUNTS RECEIVABLE.

CONVENTION is an agreement, principle or statement expressed or implied that is used to solve given types of problems. Conventions allow a standardized approach to problem solving and behavior in certain situations. For example, placing debits on the right and credits on the left of an account is termed an accounting convention.

Suggest a Term

Enter Search Term

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