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  • accessorial services

    Supplemental or special services provided in addition a basic service.

    Accounting; General accounting
  • accessorial charges

    Amount billed for additional, supplemental, or special services provided, usually as a flat fee.

    Accounting; General accounting
  • accession rate

    Number of new employees added to a payroll during a certain period (usually one year), expressed as a percentage of the total number of employees during that period.

    Accounting; General accounting
  • access charge

    Fee charged by a utility for the privilege to connect to its distribution or transmission system.

    Accounting; General accounting
  • acceptance for honor

    Undertaking by a third party to accept and pay (in part or in full) a bill of exchange that was dishonored, either by non-acceptance (see dishonor by non-acceptance) or by non-payment (see dishonor by non payment) by the party on whom it was drawn. Also called acceptance supra protest.

    Accounting; General accounting
  • acceptance fee

    Amount charged by an accepting bank (or an accepting house) for taking on the legal obligation of paying a bill of exchange on its maturity date, whether the importer pays it or not.

    Accounting; General accounting
  • acceptance credit

    One of the means by which international trade is financed. Under this arrangement, a bank (or an acceptance House) in the exporter's country sets up an acceptance credit facility (similar to a checking account) on behalf of a creditworthy importer. The exporter then can draw on this account up to ...

    Accounting; General accounting
  • acceleration principle

    Concept in economics that explains the link between output and capital investment. It states that an increase or decrease in the demand for consumer goods will cause a greater increase or decrease in the demand for machines required to make those goods. In other words, there is a direct ...

    Accounting; General accounting
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