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#1
16-Jun-2005, 07:57
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 Technical term in accounting needed I wonder whether someone here would be able to help me find a correct technical term pertaining to covering a loss incurred by a company in an accounting year. More specifically, I'm thinking of a verb to replace 'cover' in the above context, as I'm sure it's not the right legal term. The expressions I have on my mind are the following: to compensate for the loss incurred to redeem the loss to remit the loss anything else? Any help greatly appreciated. TeeKay |
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#2
16-Jun-2005, 09:53
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| Re: Technical term in accounting needed set off? |
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#3
16-Jun-2005, 11:39
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| Re: Technical term in accounting needed Thanks, Tdol. 'set off' is the verb I needed. (Why didn't I think of it?!) |
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#4
17-Jun-2005, 02:19
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| Re: Technical term in accounting needed It took me a bit of head-scratching to get there.  |
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