NEGATIVE WORKING CAPITAL Definition

Bookmark and Share

NEGATIVE WORKING CAPITAL is when current liabilities exceed current assets.

Learn new Accounting Terms

MANUFACTURING OVERHEAD is the total cost of indirect labor, indirect materials, and other indirect expenses associated with manufacturing products.

OVERDRAFT is, a. a draft in excess of the credit balance within an account; or b. a facility (usually at a bank or other financial institution) enabling an account holder to borrow up to an agreed amount and often for an agreed time.

Suggest a Term

Enter Search Term

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