Words / C / Business

cut-off

noun

A2CEFR level
15/100Rarity: common
TechnicalRegister

The correct assignment of transactions to the reporting period in which they actually belong.

Sales booked on January 2 but backdated to December 31 are a classic cut-off problem.

Topic: Accounting in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Accounting