Small Business definitions beginning with A

An account in the general ledger representing the amount owed by the business to its creditors on open purchased of goods and/or services.
City and County of Honolulu - Cite This Source - This Definition
Browse Related Terms: Accounts Receivable, Bank Reconciliation, Market, Marketing, Services Corps of Retired Executives (SCORE)

An account in the general ledger representing the amount due the business from its customers for goods and/or services sold on credit.
City and County of Honolulu - Cite This Source - This Definition
Browse Related Terms: Accounts Payable, Bank Reconciliation, Market, Marketing, Services Corps of Retired Executives (SCORE)

The gradual reduction of debt by periodic payment sufficient to pay current interest and to eliminate the principal at maturity. This is also the term used for gradual reduction/writing off over a period of time in the book value of fixed or intangible assets, deferred charges and prepaid expenses, bond discount and bond premium, etc.
City and County of Honolulu - Cite This Source - This Definition
Browse Related Terms: assets, balance sheet, Depreciation, Equity, Lease, Liablities, net worth

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All of that which a business owns, including cash, merchandise inventories, real estate, equipment, supplies, copyrights, etc.
City and County of Honolulu - Cite This Source - This Definition
Browse Related Terms: Amortization, balance sheet, Depreciation, Equity, Lease, Liablities, net worth

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Small Business (28) : A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

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