Category: General Business Dictionary

General Business Dictionary

Admiralty | What Is Admiralty

What Is Admiralty? The Minister responsible to Parliament for Admiralty and Navy is the First Lord of the Admiralty. Related terms: AAP AAP AFFIRMATIVE ACTION PROGRAM… accordingly accordingly adverb in agreement with what has been decided – We… a/c payee a/c

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Chartered Accountant | What Does a Chartered Accountant Do

What Does a Chartered Accountant Do? A Fellow, or Associate, of a recognised association of professional accountants. They use the letters F. C. A. and A. C. A. respectively after their names. This applies to the members of the Institute

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Abrasion | What Does Abrasion Mean

What Does Abrasion Mean? (Business) The wearing-off to which coins, especially gold coins, are subject is called abrasion — slijtage. Gold coins abrased to a point at which their standard weight is materially affected are taken out of circulation. Related

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Appropriate | What Does Appropriate Mean

What Does Appropriate Mean? adjective suitable – I leave it to you to take appropriate action. verb To put a sum of money aside for a special purpose – to appropriate a sum of money for a capital project Related terms: definition of advanced

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Approach | What Is The Meaning of Approach

What Is The Meaning of Approach? noun An act of getting in touch with someone with a proposal – The company made an approach to the supermarket chain.- The board turned down all approaches on the subject of mergers. – We have had an

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Approval | What Is Approval

What Is Approval? Appro: same as approval (informal) – to buy something on appro to buy something which you will only pay for if it is satisfactory Related terms: what is after-hours buying what is after-hours buying after-hours selling, after-hours dealing noun the…

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Apprenticeships | What Are Apprenticeships

What Are Apprenticeships? The time spent learning a skilled trade – He served a six-year apprenticeship in the steel works. Related terms: ABC ABC ACTIVITY-BASED COSTING… Acceptance theory of authority Acceptance theory of authority Principle that defines AUTHORITY in terms of its… Accountability

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The Apprentice | What Does Apprentice Mean

What Does Apprentice Mean? noun A young person who works under contract for a period in order to be trained in a skill verb to be apprenticed to someone to work with a skilled worker to learn from them Related terms: definition of

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Appreciation | What Is The Meaning of Appreciation

What Is The Meaning of Appreciation? 1. an increase in value. Also called capital appreciation 2. the act of valuing something highly – She was given a pay rise in appreciation of her excellent work. Related terms: AAP AAP AFFIRMATIVE ACTION PROGRAM… Appreciate

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