BUSINESS TRANSACTION Definition

Bookmark and Share

BUSINESS TRANSACTION see TRANSACTION.

Learn new Accounting Terms

RECHARGE, in accounting, normally involves an activity that provides a specific, ongoing and repetitive good or service to an entity or projects and recovers the cost of providing the good or service from the entity served on a fee basis. Operating costs are supported by recharges to the departments or specific activity receiving the service.

CLIENT is someone who pays for goods or services.

Suggest a Term

Enter Search Term

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