Guardian Deed
A Guardian Deed is a legal document used for the sale or transfer of real estate by a person appointed by a court to manage the personal affairs or property of an individual who is not capable of such duties.
Guardianship Expenses
Guardianship expenses refer to the costs associated with services provided by a guardian for a minor. These expenses are often related to the care and management of the minor's personal and financial affairs, and may be tax-deductible in certain situations.
Guest Worker
A guest worker, also known as a foreign worker, is a person who legally enters a nation to fill a temporary labor shortage and is often employed in sectors such as agriculture, construction, and service industries.
Guide
A document or tool offering instructions, regulations, and procedures to follow when performing a specific task or series of tasks. Guides help standardize actions and ensure effective execution of processes.
Guild
A guild is a medieval organization that functioned as a precursor to modern unions, typically encompassing associations of artisans or merchants. Today, it refers to any association representing the interests and needs of a particular professional or business group.
Process Costing
Process costing is a method of costing used primarily in manufacturing where goods or services result from a sequence of continuous or repetitive operations.
Transfer Pricing
Transfer pricing involves setting prices for transactions between affiliated entities under common ownership, often used to allocate revenue and expenses among those entities to benefit from tax advantages.
UK GAAP (Generally Accepted Accounting Practice)
UK GAAP refers to the practices followed by British accountants in preparing company accounts, governed by accounting standards, theoretical accounting concepts, and legal requirements. These are increasingly critical in determining taxable profits.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.