BusinessPersonalAttorneysFormsSupport(855) 787-1922Sign inOpen main menu Glossary of legal & business terms Click on a topic below to learn more about common terminology used in law and business. A Affidavit Annual Report Appreciation Asset Turnover Ratio B Bookkeeping Business License Business Owners Group (BOG) C Capital Civil Union Commis Contingent Beneficiary D DBA Defamation Depreciation E EIN Number Estate Sale Expense ratio F FIFO method FUTA Fixed asset turnover Food runner Foreign qualification G Goodwill Gratuity Gross profit Gross profit margin Gross profit ratio Gross sales and net sales L LLC Ledgers Liability Living Will M Marginal costs Meeting minutes N NDA Net asset value (NAV) Net assets Net income Net profit Net revenue Net sales No-Fault Divorce O Operating Agreement Operating cash flow Operating expenses Overhead P Postal Code Power of Attorney Prenup Principal Profit & Loss Property deed Purchase Orders (PO) R Registered Agent Return on Equity (ROE) S Slogan Sole proprietorship Surety Bond T Total asset turnover Trade name Trademark search Transactions Trustee V Vendors Virtual Mail W Warranty Deed What is gross profit? Will