REFURBISH Definition

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REFURBISH is to renovate or clean up.

Learn new Accounting Terms

OFF-BALANCE SHEET LIABIILITY is an item not reported within the body of a financial statement as a liability that may require future payment or services, e.g., litigation, renegotiated claims within a government contract, and guarantees of future performance.

LOGGING is the practice of recording data, in some medium, sequential input, often in a time-associated format.

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