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Accounting Abbreviations
Browse all acronyms and abbreviations related to the Accounting terminology and jargon. Find out the meanings of commonly used terms in Accounting. if you need to understand this terminology and jargon. Browse our comprehensive list of acronyms and abbreviations to demystify common terms used in Accounting.
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Browse All Abbreviation related to the Acronym Accounting. All abbreviations on this page are LED means Ledger, LENCASS means Leicester & Northants Chartered Accountants' Student Society, LEQ means Liability and EQuity, LES means Linear Expenditure System, LESA means Lab, Engineering, Sales, & Administration costs, LEXIS means Legal Exchange Information Service, LF means Ledger Folio, LFA means Leased Fixed Assets, LFAC means Leased Fixed Asset Costs, LG means Letter of Guarantee, LGAP means Lady Godiva Accounting Principles, LGT means Loss Given Default, LHE means Long Hand Estimate, LIA means Life Insurance Association, LIBOR means London Inter Bank Offered Rate, Lic. App means Licentiate of the Association of Accountancy Practitioners, LID means Living Income Differential, LIF means Live Income Fund, LIFO means Last In, First Out, LIFT means Local Improvement Finance Trust,
| Abbreviations | Definition | More |
|---|---|---|
| LED | Ledger. | List Of LED |
| LENCASS | Leicester & Northants Chartered Accountants' Student Society. | List Of LENCASS |
| LEQ | Liability and EQuity. | List Of LEQ |
| LES | Linear Expenditure System. | List Of LES |
| LESA | Lab, Engineering, Sales, & Administration costs. | List Of LESA |
| LEXIS | Legal Exchange Information Service. | List Of LEXIS |
| LF | Ledger Folio. | List Of LF |
| LFA | Leased Fixed Assets. | List Of LFA |
| LFAC | Leased Fixed Asset Costs. | List Of LFAC |
| LG | Letter of Guarantee. | List Of LG |
| LGAP | Lady Godiva Accounting Principles. | List Of LGAP |
| LGT | Loss Given Default. | List Of LGT |
| LHE | Long Hand Estimate. | List Of LHE |
| LIA | Life Insurance Association. | List Of LIA |
| LIBOR | London Inter Bank Offered Rate. | List Of LIBOR |
| Lic. App | Licentiate of the Association of Accountancy Practitioners. | List Of Lic. App |
| LID | Living Income Differential. | List Of LID |
| LIF | Live Income Fund. | List Of LIF |
| LIFO | Last In, First Out. | List Of LIFO |
| LIFT | Local Improvement Finance Trust. | List Of LIFT |
Some Questions about acronyms:
What is an acronym?
An acronym is a word or phrase made up of the first letters of a series of words, with the first letter of each word capitalized.
What are some examples of acronyms in "Accounting"?
Some examples of acronyms are LIST OF LED, LIST OF LENCASS, LIST OF LEQ, LIST OF LES, LIST OF LESA, LIST OF LEXIS, LIST OF LF, LIST OF LFA, LIST OF LFAC, LIST OF LG.
How are acronyms created?
Acronyms are created by taking the first letter of each word in a phrase and combining them to spell a word (for example, the acronym "radar" is created from the phrase "radio detecting and ranging").
How are acronyms different from initialism?
Acronyms are different from initialism in that they are pronounced as words. For example, AIDS is an acronym for acquired immune deficiency syndrome.
What is the difference between an acronym and an abbreviation?
An acronym is an abbreviation that is pronounced as a word, such as NASA. An abbreviation is a shortened form of a word, such as Mr. for Mister.
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