PERSONNEL Definition

Bookmark and Share

PERSONNEL is the department that maintains records of each individual's employment.

Learn new Accounting Terms

FINANCE LEASE, typically, is a full-payout, non-cancelable agreement, in which the lessee is responsible for maintenance, taxes, and insurance.

DEPRECIATION EXPENSE is the amount deducted from gross profit to allow for a reduction in the value of something because of its age or how much it has been used. When you buy and own equipment, your business may be entitled to deduct a depreciation expense.

Suggest a Term

Enter Search Term

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