ORDER OF PERMANENCE Definition

Bookmark and Share

ORDER OF PERMANENCE is where fixed assets are entered in the balance sheet in descending order of permanence (i.e. land first, then buildings, then equipment ...).

Learn new Accounting Terms

TARIFF, AD VAL OREM is a tariff determined as a percentage of the value of the goods.

MERCHANT BANK is a specialized bank that offers investment services, corporate advice, trade and project finance, exchange rate dealing, etc to their clients worldwide. Sometimes also acts as an issuing bank for stocks and bonds, and can also advise companies involved in mergers.

Suggest a Term

Enter Search Term

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