NATURAL BUSINESS YEAR Definition

Bookmark and Share

NATURAL BUSINESS YEAR is a fiscal year based on the cycle of the given business rather than a calendar year. The year ends with inventories and activities at a low level, e.g., after winter shipments for a ski manufacturer.

Learn new Accounting Terms

BUNDESBANK is the German central bank.

ENCRYPTION is the scrambling of data so that it is meaningless to anyone but the intended recipient, who has the key to unscramble the data to its original form.

Suggest a Term

Enter Search Term

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