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:

person or other business that owes the business money for goods sold or services provided.

Subject:

schedule drawn up to determine expected collections from debtors when goods have been sold on...

Subject:

account that summarises the debtors of the business.

Subject:

subsidiary journal used to record all transactions relating to goods sold on credit to customers...

Subject:

subsidiary ledger in which the business records the details of the account of each debtor.

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