ROM Definition

Bookmark and Share

ROM is Read-Only Memory.

Learn new Accounting Terms

COMPENSATING ERROR is the name given to the situation where one mistake cancels out the effect of a second mistake.

CONTRIBUTION MARGIN (CM) is the difference between sales and the variable costs of the product or service, also called marginal income. It is the amount of money available to cover fixed costs and generate profits.

Suggest a Term

Enter Search Term

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