UNAUTHORIZED EXPENDITURE
Sum that is spent for purposes it was not intended to be spent on.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Sum that is spent for purposes it was not intended to be spent on.
The process where a large item is broken into its smaller parts.
Examination that is detailed of a condition, circumstance, event or condition to gain understanding to assign credible probabilities to its outcome.
Accepting assumed explanations or causes as facts to escape discomfort are associated with uncertainty or ambiguity.
Passenger’s personal effects kept with them during a flight.
Money in an inactive bank account that after 5 years is considered an abandoned account and property goes to the state under escheat laws. See dormant bank account.
Cheque still passing through a clearing cycle. See nucleated effects.
Drafts and cheques deposited by a customer but have not been cleared or paid by the writer of the cheque, or money is not in depositor’s account yet. Also known as uncollected
A thing unable to be collected after all efforts have been made.
Degree of unreasonableness and unfairness of a contract or deal prompting a court to modify or nullify it.
Quantity that would be sold with no constraints like delivery or production.
Situation where businesses don’t have enough funds from stock holders for the size of operations.
Situation where a bank will credit amount of a draft or cheque to a depositor’s account before it is cleared.
Situation where overheads applied to work in progress, WIP, is less than overheads actual incurred.
Bidding at a lower price that that of other bidders.
People at the lowest level of society that have becomes victims of a poverty trap.
Offering goods or services at a deliberately set lower price than competition.
Person working in a job that they are over qualified for.
Situation of an unemployment rate that is higher than natural unemployment rate in Keynesian economics.
Damage to property underground such as sewers and pipes by excavation, drilling, backfilling or changing to the ground.
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