Can someone answer some definitions for me?

Question

I am in school and saw these in a book.

What is P&L?

Appropriation?

Appropriated?

That cost is then Capitalized 70% against our capital projects and the remaining 30% against our existing stores. What does this mean?

Answer 1

P&L refers to profit and loss. Appropriation is an allocation of monies set aside for some purpose for say research or R&D. Appropriated can refer to several things, possibly as in some employee taking monies without permission, " he has appropriated funds".
The cost could refer to research and development costs relative to say a new product underway and the cost of same is charged 70% against their capital budget and 30% against their existing stores. The cost therefore may refer to the establishment of new stores being developed wherein the head office does not want to absorb all of such costs by itself.

Answer 2

P&L - definition of P&L - profit and loss statement

Appropriation? money set aside (as by a legislature) for a specific purpose

Appropriated - taken without permission or consent especially by public authority; "the condemned land was used for a highway cloverleaf"; "the confiscated liquor was poured down the drain"

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Answer 3

P. and L.
profit and loss.



Dictionary.com Unabridged (v 1.1) - Cite This Source
ap·pro·pri·a·tion /əˌproʊpriˈeɪʃən/ Pronunciation Key - Show Spelled Pronunciation[uh-proh-pree-ey-shuhn] Pronunciation Key - Show IPA Pronunciation
–noun 1. the act of appropriating.
2. anything appropriated for a special purpose, esp. money.
3. an act of a legislature authorizing money to be paid from the treasury for a specified use.
4. the money thus authorized: a large appropriation for aid to libraries.


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[Origin: 1325–75; ME (< MF) < LL appropriātiōn- (s. of appropriātiō). See appropriate, -ion]
Dictionary.com Unabridged (v 1.1)
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.
American Heritage Dictionary - Cite This Source ap·pro·pri·a·tion (ə-prō'prē-ā'shən) Pronunciation Key
n.
The act of appropriating.

Something appropriated, especially public funds set aside for a specific purpose.
A legislative act authorizing the expenditure of a designated amount of public funds for a specific purpose.



Dictionary.com Unabridged (v 1.1) - Cite This Source
ap·pro·pri·ate /adj. əˈproʊpriɪt; v. əˈproʊpriˌeɪt/ Pronunciation Key - Show Spelled Pronunciation[adj. uh-proh-pree-it; v. uh-proh-pree-eyt] Pronunciation Key - Show IPA Pronunciation adjective, verb, -at·ed, -at·ing.
–adjective 1. suitable or fitting for a particular purpose, person, occasion, etc.: an appropriate example; an appropriate dress.
2. belonging to or peculiar to a person; proper: Each played his appropriate part.
–verb (used with object) 3. to set apart, authorize, or legislate for some specific purpose or use: The legislature appropriated funds for the university.
4. to take to or for oneself; take possession of.
5. to take without permission or consent; seize; expropriate: He appropriated the trust funds for himself.
6. to steal, esp. to commit petty theft.

Answer 4

"Appropriate" means to take set aside something for a particular use, possibly a use for which it was not originally intended. Sometimes people "appropriate money from one fund to use in another."

Appropriated" is the past tense of appropriate: "The senator appropriated money for his campaign."

Answer 5

what is the use by knowing the unwanted stuff..If u really wants do get more information

Answer 6

do yr homework, people could say anything to you, do your own research