Bookmark and Share

UNDERABSORBED BURDEN is where total employee costs, other than salaries, have not been fully allocated to products sold or services offered.

Learn new Accounting Terms

SPV see Special Purpose Vehicle.

BONDED is to: a. secure payment of duties and taxes on (goods) by giving a bond; or, b. convert into a debt secured by bonds; or, c. provide a bond for or cause to provide such a bond (e.g., to bond an employee) that guarantees any monetary loss caused by intentional acts by the bonded employee.

Suggest a Term

Enter Search Term

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