Letter N: Bookkeeping and Accounting Definitions

Accounting Definitions Starting with the Letter N

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

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ACCOUNTING DEFINITIONS STARTING WITH THE LETTER N

Net Earnings:

Earnings remaining from an amount, especially of money, after all necessary deductions have been made.

Net Income:

To earn or provide a sum of money as pure profit after all necessary deductions have been made.

Notes Payable:

Promissory notes that a company undertakes to pay at a fixed or determinable date in the future.

Notes Payable-Short Term:

Promissory notes that a company undertakes to pay in under a year.

Notes Receivable

Promissory notes counting as assets to those entitled to payment.

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