KNOW-HOW Definition

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KNOW-HOW is the knowledge and skill required to do something correctly.

Learn new Accounting Terms

ALLOCATION is the act of distributing by allotting or apportioning; distribution according to a plan, e.g., allocating costs is the assignment of costs to departments or products over various time periods, products, operations, or investments. See ALLOCATE.

CROSSED QUOTATION see LOCKED QUOTATION.

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