COST EFFECTIVE Definition

Bookmark and Share

COST EFFECTIVE is when a judgment is made that something is economical in terms of the goods or services received for the money spent.

Learn new Accounting Terms

ASSET AVAILABILITY is the stated condition or availability of an asset for usability. The subject asset is not available if it is already in use, at capacity, undergoing maintenance, broken, etc.

COMPOUND INTEREST PRINCIPLE is where the interest is computed on principal plus interest earned in previous periods.

Suggest a Term

Enter Search Term

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