Paymasters. Those who expend or disburse certain taxes. Especiallythe sworn officer who supervised the repairs of the banks of tbe canals in ItomneyMarsh. Cowell.

Settling an obligation , using an invoice type of document as evidence, by paying cash or by cash-equivalent for goods or services, or a charge against available funds. Refer to […]

A method of economic forecasting . The technique of adding consumption , government spending, investment and exports together as a measure of gross domestic product (GDP).

Simply, it is the difference between expected or budgeted expenses and actual, documented expenses. A cost overrun is an example of an expenditure variance .

1. Using known paid expenses for goods and services to determine one’s budget. 2. Using known paid expenses for goods and services to generate a financial plan.

Money spent or cost incurred in an organization ‘s efforts to generate revenue, representing the cost of doing business.

Money allocated and advanced to an employee to cover expect expenses. These expense are expected to be incurred for things considered necessary to make sales or to get a job […]

Monies allocated to an employee to cover expenses.

A fixed amount added to the premium amount. The cost of servicing certain policies is more than what premiums alone cover. This is a service charge most often applied to […]

Costs or expenses of the suit which are generally allowed to thesuccessful party.

Expenses are covered by this amount and is typically added to the rate.

A total of fees paid periodically to a mutual fund divided by the total investment that shareholders or unit holders has. These fees are management fees, administrative fees, and operating […]

When an asset becomes an expense, this change must be recognized on the balance sheet . Assets with no unexpired costs become expired costs, or an expense. This places assets […]

An action to recover money spent by an employee or over-paid on a bill or claim. It is undertaken by a company to recover money from another company or employee. […]

Set commissions are augmented by additional payment made to an insurance agent,

1. Accounting details and summarization of all expenses posted by a company in a specific time-period. A detailed report produced monthly, quarterly, or yearly for parts or all of the […]

Expenses owed, yet unpaid is the insurer’s liability.

Upper limit of what a landlord or tenant will pay. The provision obligates the renter to pay a maximum of certain fees. Beyond that maximum, the landlord owes the rest. […]

Comprise a company’s profit and loss statement. Both categories required entries by law. Must be reported on a regular, periodic basis.

used to calculate income tax and is the expenses that are able to be deducted.

An ancient writ to prohibit the sheriff fromlevying any allowance for knights of the shire upon those who held lands in ancientdemesne. Reg. Orig. 261.Experientia per varios actus legem facit. […]

Primary credit-reporting bureaus. One of the three best known.

1. Time spent learning a skill or field of knowledge. Superior understanding or mastery gained by actual practice acquired over months or years. 2. Known also as tenure (Definition 3).

(1) An account established for future debits and credits related to a FINITE INSURANCE contract. (2) The specific history of loss experience an INSURER has with a given INSURED, which […]

Depicts the increases in productivity by graph. Uses both fixed and variable costs shown as reduced average and marginal costs. Contrast to a learning curve.