Understate

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Definition: Understate

Understate
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Full Definition of Understate

verb to enter in an account a figure that is lower than the actual figure ExampleThe company accounts understate the real profit. to enter in an account a figure that is lower than the actual figure

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/understate/
Modern Language Association (MLA):
Understate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
September 17, 2024 https://payrollheaven.com/define/understate/.
Chicago Manual of Style (CMS):
Understate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/understate/ (accessed: September 17, 2024).
American Psychological Association (APA):
Understate. PayrollHeaven.com. Retrieved September 17, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/understate/

Definition Sources

Definitions for Understate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th November, 2021 | 0 Views.