PROPORTIANATE UNIT CONCEPT Definition

Bookmark and Share

PROPORTIANATE UNIT CONCEPT is where a value or distribution is agreeing in amount, magnitude, or degree, e.g. a shareholder holding 1% outstanding shares of an entity is entitled to receive 1% of that entities declared dividend, i.e. it is in proportion.

Learn new Accounting Terms

PARETO PRINCIPLE/LAW see 80 - 20 RULE.

OPEN ACCOUNT is a non-guaranteed payment arrangement, e.g. similar to department store credit. Goods are purchased and delivered without payment. Future payment for delivered goods is dependent on the good faith of the purchaser.

Suggest a Term

Enter Search Term

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