COMMITMENT Definition

Bookmark and Share

COMMITMENT is the act of standing behind a policy whose value ends when the policy is concluded. For example: " We made a commitment to do this".

Learn new Accounting Terms

AFE, dependent upon usage, is an acronym for Authorization for Expenditure or Average Funds Employed.

HUMAN CAPITAL is the unique capabilities and expertise of individuals that are productive in some economic context.

Suggest a Term

Enter Search Term

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