CONSORTIUM Definition

CONSORTIUM is an association of companies for some definite purpose.

Learn new Accounting Terms

TRANSFER JOURNAL ENTRY is used to allocate an expense or revenue from one account or sponsored project to another, or to transfer funds between object codes within an account or sponsored project. Transfers journal entries should include a description of the item(s) and explanation of why the transfer is necessary.

SURCHARGE is a charge added on top of another charge for a specific service, product or purpose.

Suggest a Term

Enter Search Term

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

Purchase and download Glossary
Only $9.95