Office Equipment

Collate
Collate refers to the process of arranging individual elements in a prescribed order. In the context of printing, collating involves organizing pages of a multi-page document into sequential sets.
Digital Copier
A digital copier is a device that uses digital scanning techniques to copy documents, offering features such as rapid scanning, multi-page printing, digital editing, and network printing capabilities.
Electronic Typewriter
An electronic typewriter is an advanced version of the traditional typewriter that features electrical components to enhance the typing experience, typically including memory storage, spell-check, and sometimes a small display screen.
IBM (International Business Machines Corporation)
IBM is a global leader in the manufacturing of computers, servers, and other office equipment. Established in 1911 through a merger of three companies, it has played a crucial role in the evolution of information technology.
Line Printer
A line printer is a high-speed printer used for computer output, capable of printing an entire line of text at once and achieving high speeds suitable for large-scale printing tasks.
Liquidating Value
Liquidating value refers to the projected price for an asset of a company that is going out of business, such as a real estate holding or office equipment. This value is often distinguished from the going-concern value, which may be higher due to factors such as organization value or goodwill.
Multifunction Device (MFD)
A Multifunction Device (MFD) refers to an office machine that incorporates the functions of multiple devices in one, such as printing, scanning, copying, and faxing. These devices are designed to improve operational efficiency, save space, and reduce costs.
Postage Meter
A postage meter is a machine widely used to print postage on envelopes and labels, substituting printed stamps. Authorized by postal services, these machines simplify mailing processes for businesses, ensuring accurate postage and reducing time spent dealing with individual stamps.
Printer
A printer is a device that produces a hard copy (printed paper) of documents stored in electronic form, usually on physical print media such as paper. Printers are a common peripheral in computing, available in various types with differing technologies and capabilities.
Typewriter
A typewriter is a mechanical or electromechanical device used to produce printed characters on paper by striking a ribbon with a type element, typically used for writing compositions and documents.

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.