SMALL BUSINESS GLOSSARY

Accelerated Depreciation

Accounts Payable

Accounts Receivable

Adjustable Rate Loan

Adjustment Interval

Amortization

Appraisal

Assets

Automated Clearing House (ACH)

An accounting method that allows a company to write off an asset's cost at a faster rate than the traditional method. It often results in a larger tax deduction on a company's income statement.