Outrageously Funny Search Suggestion Engine :: Nonquota

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What is the definition of Nonquota? 🙋

👉 Non-quota is a term used in accounting and finance to describe a situation where an entity has paid less than its fair value for a particular asset or service, even though it may have been worth more. This means that the cost of the asset or service exceeds its net book value by a significant amount. For example, if an organization purchases a piece of equipment at a discount and then sells it to another company for a higher price, this transaction would be considered non-quota because the entity has


nonquota

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