Debt recovery
Getting paid when asking has not worked.
Business A to Z
Every trade has words it uses without explaining. In business the cost of not knowing one is real: some of them are ordinary jargon and some of them are a decision that can take a house. Five hundred of them, in plain English.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
Studying business? We write GCSE revision songs, and there is one for business studies. Listen to the revision playlist.
500 terms, showing 141–150 (page 15 of 50).
D
Debtor days
Also called Days sales outstanding, DSO, Aged debtors
How long, on average, your customers actually take to pay you — which is rarely the number on your invoice.
Decision maker and buying committee
Who actually signs, and everyone else who can stop it.
Decision making under uncertainty
Choosing when you cannot know. Most business decisions.
Delegation
Handing work to somebody else properly. The constraint on most owner-managed businesses.
Deposits and stage payments
Getting paid before or during the work rather than after it.
Depreciation
Also called Amortisation, Writing down
Spreading the cost of something you will use for years across the years you will use it.
Depreciation methods
Straight line or reducing balance. Two ways to spread the same cost.
Design right
Protection for the appearance of a product. Registered and unregistered versions.
Digital record keeping
Keeping records electronically. Acceptable, with conditions.
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