HARDWARE Definition

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HARDWARE, in data processing, is a computer and associated physical equipment involved in data processing or communications functions as opposed to software (the computer programs that provide instructions the computer follows).

Learn new Accounting Terms

W-4 FORM, Employees Withholding Allowance Certification , is completed by each employee so that the employer can withhold the correct federal income tax from the employees pay. Because tax situations may change, employees may want to refigure their withholding each year.

APPRAISAL VALUE is an opinion of a assets fair market value, based on an appraisers knowledge, experience, and analysis of the asset class.

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