RETROSPECTIVE Definition

Bookmark and Share

RETROSPECTIVE is to be concerned with or related to the past, e.g. managements review of the prior years performance.

Learn new Accounting Terms

FEE SIMPLE ABSOLUTE see FEE SIMPLE.

NET RECEIVABLES are a companys accounts receivable (money owed to the company) minus any provisions for bad debts. A firm with a sustainable competitive advantage shows a lower percentage net receivables to gross sales than their competitors, i.e. a firm with a sustainable competitive advantage need not be generous with credit.

Suggest a Term

Enter Search Term

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