Category: Definitions

In accounting, net refers to the amount or quantity after deductions or expenses. Net income is calculated by subtracting all expenses from gross profit. Net...

Gross refers to the total amount or quantity before deductions or expenses. In accounting, gross refers to the total revenue generated from sales before any...

In accounting and economics, variable costs are the costs that change in proportion to the level of production. They are the opposite of fixed costs,...

In accounting and economics, fixed costs or overhead costs, are business expenses that are not dependent on the level of goods or services produced by...

Capital is a broad term that can refer to a variety of things, including money, buildings, equipment, and intellectual property. In economics, capital is typically...

Accounts receivable (AR) is a current asset that represents money owed to a company by its customers for goods or services that have been sold...

Accounts payable (AP) is a short-term liability that represents money owed to suppliers for goods or services that have been purchased but not yet paid...

In business, margin refers to the difference between the price at which a product or service is sold and the cost of producing it. It...

A deliverable is any tangible or intangible product or outcome that is produced as a result of a project. Deliverables can be anything from physical...

To monetize means to convert something into money. In the context of business, it refers to the process of generating revenue from a product or...

To incentivize means to motivate someone to do something by offering them a reward. Incentives can be financial, such as bonuses or commissions, or they...

Return on investment (ROI) is a financial ratio that measures the benefit an investor will receive in relation to their investment cost. It is most...