Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Accounting > Floor

Term: Accounting -> Floor
Term:

Floor

Definition:

Term used when discussing inventories. Inventory cannot be valued lower than the "floor" which is the net realizable value of the inventory less an allowance for a normal profit margin.

Related terms:

License

Analytical procedure

Useful articles:
»Persuasive Selling-Planning Your Message
»How Can I Sell More When I Have So Much to Do?
»Effective Networking
»Start Your Own Personal Shopper Business


Loan amortization
Investment
Borrowing power


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
Management
When you call a meeting, make it significant and be prepared. In a client situation, you may have been working on a deal for months that will either thrive or nosedive on a single meeting. The high... [ more... ]
Management
This is one of a series of White Papers designed to explore particular issues that directly impact on the success of your business.  Effective use of the ideas discussed will make a significan... [ more... ]
Marketing
Clutter.  Technology.  Stuff.  A full plate.  Reports.  Personal interests.  Home life.  Career.  Relatives.  Friends.  Too little time.  Too ... [ more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com