Letter F: Bookkeeping and Accounting Definitions



Accounting Definitions Starting with the Letter F

There are 100'S of accounting definitions and bookkeeping terms here in my bookkeeping glossary.

Use this page as an accounting resource to help improve your bookkeeping knowledge of terms starting with the letter F.

Just pick a letter to go directly to the bookkeeping terms associated with that letter, or use the search engine below to search the entire website.

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ACCOUNTING DEFINITIONS STARTING WITH THE LETTER F

Fact Finding:

The ascertainment of facts or conditions.

Factor:

One of two or more quantities that, when multiplied together, produce a given quantity.

Factorial:

The product of a series of consecutive positive integers from 1 to a given number.

Factorize:

To convert into factors.

Fair Market Value:

A price for something that both buyer and seller willingly agree to when neither party is under undue pressure to complete the transaction.

Fair Trade:

To set a price no less than the manufacturer's minimum price on (a branded or trademarked product).

Fiduciary:

Pertaining to a position of trust or confidence.

Filing:

The To put on file in systematic order, as papers for reference.

Finance Finance:

The science of monetary affairs. Funds, revenue, income. To manage the finances of. To supply the money for.

Financial:

Of or pertaining to finance, monetary. Of or pertaining to those dealing professionally with money and credit.

Financier:

One skilled in or occupied with financial affairs. A capitalist.

Fixed Assets:

An asset of a business that is central to its operation and is not traded.

Forfeit:

To incur the loss of through some fault, omission, error, or offense.

Fortune:

An amount of wealth, usually great wealth.

Fraction:

A quantity less than a unit, or one expressed as the sum of a number of aliquot parts of a unit.





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