Accounting





Accounting Terminology V to Z

Posted on | 2008-08-26

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V

Value - Monetary worth of an item.

Valuation - To determine the value of an item.

Variable Costs - Expenses that change due to a change in activity for example cost of goods sold expense will be greater when sales increase.

W

Wages - Remuneration paid to employees for services rendered.

Working Capital - The result of subtracting current liabilities from current assets.

Work in Progress - Inventory that has undergone part of the manufacturing process and is still awaiting completion.

Y

Yield - Annual interest earned on an investment expressed as a percentage.

Yield to Maturity - Interest rate an investment will earn if held to maturity.

Z

Zero Coupon Bond - Bonds priced at a much lower amount than their face value. These bonds do not receive interest.



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