Glossary

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Looking for a quick definition?

We’ve got loads of key subject terms in our subject glossaries. There are three ways of finding what you are looking for:

  • First click on the letters of the alphabet to browse for terms.
  • Select a subject from the drop-down menu above to filter the terms by Subject.
  • Or lastly, type the term you are looking for into the search box.

EXAMPLES

Here are some examples of the kinds of definitions you’ll find on this page.

Subject:

an asset the business owns over a short term such as trading stock, debtors and cash.

Subject:

short-term debt such as creditors and bank overdraft.

Subject:

person who receives or consumes goods or services and can choose which goods and services to buy...

Subject:

entry in the left-hand side of an accounting record using the double entry principle. A debit...

Subject:

note issued to creditors when items are returned or allowance is granted.

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