Dictionary » Letter S » secondary activities
Also referred to as peripheral activities. A company's activities outside of its main activities of buying/producing and selling. Examples include a retailer's financing function involving interest revenue and interest expense, disposal of long term assets used in the business, lawsuit settlements, renting out unused space, etc.
| » For more clarity on this term: |
← Go Back |
Join our Newsletter
![]() | Receive our free 19-page accounting cheat sheet. Plus, stay up to date with the latest questions answered. |