contribution
Definition 1
General: Imposed or required payment.
Definition 2
Accounting: Amount left over after direct (variable) costs are deducted from the sales revenue. Also called gross income, this sum pays for indirect (fixed) costs and contributes to net income.
Definition 3
Insurance: Proportional sharing of loss by the insurers when more than one policy is taken by the insured for the same peril. Under a contract of indemnity, the insured cannot profit from his or her misfortune irrespective of the number of policies.
Definition 4
Law: Right of a joint debtor (or joint tortfeasor) who pays entirely a debt (or liability) to recover from other joint debtors (or joint tortfeasors) their individual shares of the debt (or liability).
contribution is in the Accounting & Auditing, Banking, Commerce & Finance, Corporate, Commercial, & General Law and General, Marine, & Life Insurance subjects.
contribution appears in the definitions of the following terms:
employer sponsored retirement plan,
peer review,
annual benefit statement,
value added,
tax,
operating expenses,
comparative negligence,
partnership capital account,
managed account,
salary reduction plan
and
contribution appears in the other terms: contribution margin, charitable contribution, defined contribution pension plan, contribution analysis, contribution margin ratio, contribution pricing, weighted average contribution margin ratio, equity contribution, defined contribution plan, employee contributions
This content can be found on the following page:
http://www.businessdictionary.com/definition/contribution.html
email to a friend
print this definition
cite this definition
link to this page