Business, Legal & Accounting Glossary
adverb taken away from a price ExampleWe give 5 per cent off for quick settlement. lower than a previous price ExampleThe shares closed 2 per cent off. preposition subtracted from Examplesto take £25 off the price • We give 10 per cent off our usual prices. not included Usage items off balance sheet or off balance sheet assets financial items which do not appear in a company’s balance sheet as assets, such as equipment acquired under an operating lease
“…its stock closed Monday at $21.875 a share in NYSE composite trading, off 56 per cent from its high last July” [Wall Street Journal]
taken away from a price lower than a previous price subtracted from not included
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This glossary post was last updated: 16th November, 2021 | 0 Views.