NETBACK Definition

Bookmark and Share

NETBACK is linkage of the price of crude oil to the market price of products refined from it.

Learn new Accounting Terms

FIXED ASSET is a long-term tangible asset that is not expected to be converted into cash in the current or upcoming fiscal year, e.g., buildings, real estate, production equipment, and furniture. Sometimes called PLANT.

COMPLIANCE is following applicable internal control procedures, rules, or laws.

Suggest a Term

Enter Search Term

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