Words start with a letter A
A1 :
Top quality rating applicable to various business situations,e.g., credit worthiness and More general reference to qualify and fitness for purpose.
Abandoned property :
Property which has been abandoned by the owners.
Abandonment :
The voluntary relinquishment of a right by express worlds or by action. This term can be used in the context of rights or obligations under a contract, over property, person or voluntary withdrawal from the commission of a crime.
Accept :
Accept term referring to Bill’s of exchange. To accept the bill to pay amount at specified date in future.
Accident :
An unforeseen incident caused by carelessness,ingnorance or unawareness. The affected party can claim compensation if accident results in injury.
Accrual :
See accrued expenses.
Account :
A record in a ledger of the transaction that have taken place with a particular person or thing.
Account balance :
Net debit or net credit amount in specific account in the ledger.
Account form :
Arrangement of a financial statement as a two sided account .
Account payable :
Amount owing by an enterprise.
Account payee:
Words used on a crossed cheque to indicate that it may be paid the bank account of the payee only.
Account sales :
A record prepared by a broker consigner or agent indicating the purchased for the owner.
Accountant :
One who specialises in managing financial accounts of business and industry.
According profit :
It is measured by generally accepted principles of accounting as contrasted with taxable income.
Ad damnum :
The specific clause of a complaint that deals with the damage suffered and claimed by the plaintiff.
Added value :
Enables and justifies a profit in business.
Addendum :
An added section of information in a letter report.
Administration :
Above management so for as different functions in the organisation.
Admission :
A statement of a party involved in a claim admitting all or some part of the other party claims is called admission.
Advance :
A sum paid by way of a loan or as a payment on account.
Advertisement :
To search potential employers from outside the organisation.
Affidavit :
A sworn statement in writing confirmed on oath by the party who makes it before someone who is officially entitled to administer oaths.
Agent :
A person who provides a particular service.
Agreement :
The way of arrangement or contract agreed between people.
Agribusiness :
Farming industry on a large conporate scale.
Ahenmation:
The weakening of a signal on a communication.
Allegation:
A statement made by a party in a pleasing which he/she is prepared to prove.
Allotment :
The allocation of share by the director of a company following applications for them by intending shareholders.
Allowance :
A deduction from an invoice granted for a reason other than prompt payment the amount that an employee is entitled to spend on.
Amendment :
When two or more companies combine or unite to form one large organisation.
Amendment :
Minor improvement.
Analyse :
Analyse the expense under each head of Account, between the various elements of cost.
Analysis :
Detailed examination of the elements or structure of something.
Annual subscription :
Treated as revenue receipts.
Apparent :
Cleary seen or understood.
Apple :
A personal computers, first produced in 1976 which is bared on a motorola micro processor.
Apple box :
Used in films,TV ,etc.,. wooden boxes of various sizes which are used to elevate actors and celebrities.
Application :
Filing of the requisite court form to initiate a legal proceedings or a request made to a court.
Aptitude test :
Measuring human performance characteristics related to possible development.
Arbitrator :
An independent person or body officially appointed to a dispute.
Argument :
A reason advanced to prove a point to rebut.
Asset:
Anything owned by an individual.
Assets :
Anything of value which is owned by an individual, company, organisation,etc..,
Assistant :
A person who provides helps in a particular role or type of work.
Assumption :
Assumption means assume some value.
Assurance :
The statement or promise intended to give confidence.
Auction :
A public sale in which goods are sold to the highest bidder.
Auctioneers :
A person who conducts auction.
Audit:
Examination of the conducts of a company.
Audit report :
A report made by an auditor upon financial statement.
Auditing :
Inspect an organisation’s account.
Auditor :
Person appointed by a company.
Authentically:
Based on facts accurate.
Avoidable cost :
One which may be eliminated by taking a particular action.
Avoidance :
Involves withdrawal of parties from the scene of the conflict.
