Slot Meaning In Finance
A narrow opening; a groove or slit: a slot for coins in a vending machine; a mail slot. A gap between a main and auxiliary airfoil to provide space. Total DEPRECIATION pertaining to an ASSET or group of assets from the time the assets were placed in services until the date of the FINANCIAL STATEMENT or tax return. This total is the CONTRA ACCOUNT to the related asset account.
- The noun SLOT has 7 senses: 1. A position in a grammatical linguistic construction in which a variety of alternative units are interchangeable 2. A small slit (as for inserting a coin or depositing mail) 3. A time assigned on a schedule or agenda.
- Slotted definition: 1. A slotted kitchen utensil or tool has long, narrow holes in it: 2. A slotted kitchen utensil.
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Weigh Count
In direct mail marketing, the practice of weighing responses to a promotion each day and comparing the total to the weight of the total mail sent out. The weigh count provides a rough estimate of the response rate to a promotion each day and is quicker than actually counting responses.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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Related to slotted: slotted line
slot 1
(slŏt)
n.1. A narrow opening; a groove or slit: a slot for coins in a vending machine; a mail slot.
2. A gap between a main and auxiliary airfoil to provide space for airflow and facilitate the smooth passage of air over the wing.
3. a. An assigned place in a sequence or schedule: a new time slot for a TV program.
b. A position of employment in an organization or hierarchy.
5. Informal A slot machine designed for gambling: lost $100 playing the slots.
6. 
a. Football A space or gap between an end and a tackle in an offensive line.
b. Sports An unmarked area in front of the goal between the face-off circles on an ice hockey rink.
tr.v.slot·ted, Slot Meaning In Finance Term
slot·ting, slots2. To put into or assign to a slot.
Slot Meaning In Finance Definition
[Middle English, hollow of the breastbone, from Old French esclot.]
slot 2
(slŏt)n.
[Obsolete French esclot, horse's hoofprint, from Old French, perhaps from Old Norse slōdh, track.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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