单词 | appropriation |
释义 | appropriation appropriation1. An allocation of the net profit of organizations in their accounts. Some payments may be treated as expenses and deducted before arriving at net profit; other payments are deemed to be appropriations of profit, once that profit has been ascertained. Examples of the former are such normal trade expenses as wages and salaries of employees, motor running expenses, light and heat, and most interest payments on external finance. Appropriations of the net profit include dividends or scrip dividends to shareholders, transfers to reserves, and amounts for taxation. In the case of partnerships, appropriations include salaries, interest on capital, and profit. See alsoaccumulated profits. appsSeeapplications software. |
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