TRUE-UP Definition

Bookmark and Share

TRUE-UP, generally, is to make level, square, balanced, or concentric. Used in business as an expression meaning to "bring into alignment" with predetermined criteria or process.

Learn new Accounting Terms

CONTRACT ALLOWANCE is the limit set within an agreement as to what is the maximum allowed of any given item covered under contract, e.g., home construction with a builder may have allowances or "limits" set in your contract that tell you how much the price of your house "allows" for things such as floor coverings, countertops, and cabinets.

RIAL is a currency of Iran, Oman, and Yemen.

Suggest a Term

Enter Search Term

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