Letter F: Bookkeeping and Accounting Definitions

There are over 75 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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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.
Fixed Assets:
An asset of a business that is central to its operation and is not traded.
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