单词 | work-in-progress |
释义 | work-in-progressuncountable noun In book-keeping, work-in-progress refers to the monetary value of work that has not yet been paid for because it has not yet been completed. [business] ...two million pounds' worth of work-in-progress. work-in-progress in British Englishnoun accounting the value of work begun but not completed, as shown in a profit-and-loss account work-in-progress in Accounting (wɜrk ɪn prɒgrɛs) or WIP noun (Accounting: Management) Work-in-progress is the value of work that has begun but which has not been completed, as shown ina profit and loss account. Adopting regular billing to reduce work-in-progress is likely to improve cash flow. The company has generated 2 million cash from improved control of stocks and work-in-progress. Work-in-progress is the value of work that has begun but which has not been completed, as shown ina profit and loss account. |
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