Examlex
Using the passive voice when discussing a reader's mistake is often appropriate.
Accounting Accruals
Accounting method where revenue and expenses are recorded when they are earned or incurred, not necessarily when cash is received or paid.
Unpaid Payroll
The total sum of all wages, salaries, bonuses, and deductions owed to employees that have not yet been paid.
Depreciation
The accounting process of allocating the cost of a tangible asset over its useful life, reflecting decrease in value over time.
Municipal Bonds
Fixed-income securities issued by cities, states, or other local government entities to finance public projects.
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