Cancellation Clause, Capacity, Capital, Capital Account : Business Dictionary

Cancellation Clause, Capacity, Capital, Capital Account

Cancellation Clause, Capacity, Capital, Capital Account :

Cancellation Clause : If certain conditions are not met in a contract, then this clause can be made use of, which will enable the cancellation of the contract

Capacity : The ability of a computer storage device to hold data or to perform a given work : the strength which shows the legal power or competence that a person is supposed to hold : The possible amount of production that can be obtained from a given set of circumstances

Capital : Whatever investment, in terms of both property and money, which is used in setting up or running a business

Capital Account : A record showing the discrepancy between the assets and the liabilities of a business

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