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Topical Terminology > Contribution



10 Definitions

Contribution

For Contribution we have terms and definitions in 10 topics. The topics are Accounting, Auto Insurance, Campaign Finance, Charitable Giving, Direct Marketing, Fundraising, Labor, Non Profit, Regulations, Real Estate and Supply Chain.



Contribution (Accounting)

see CONTRIBUTION MARGIN.


Contribution (Auto Insurance)


The principle of contribution applies where a risk is insured twice or more, for example on a travel and household policy, and the two insurers concerned may share the cost of any claim. This means that an individual cannot claim twice on two policies for the same loss which would contravene a key principle of insurance which is that the insured cannot be better off following a loss and claim.


Contribution (Campaign Finance)

Money, or anything else of value (such as mailing lists, telephones, billboard space) given to a candidate's campaign committee, political party, or political action committee (PAC) by an individual or organization.


Contribution (Charitable Giving)

A gift of cash or securities made by a donor to his or her donor-advised fund account. A contribution is irrevocable and immediately tax- deductible. In order to open an account, the donor must make an initial contribution of at least $ 25,000. Subsequent contributions must be for at least $5,000.


Contribution (Direct Marketing)

The amount of money left over to contribute to overhead expenses after deducting for customer returns, cost of goods sold, direct selling expenses and variable order-processing costs.


Contribution (Fundraising)

A contribution is a donation to a nonprofit organization.


Contribution (Labor)

Used interchangeably with "tax."


See more Labor Terms ...

Contribution (Non Profit, Regulations)

In the Model Solicitations Act (1986), "contribution" means "the grant, promise or pledge of money, credit, property, financial assistance or other thing of any kind or value in response to a solicitation. It does not include bona fide fees, dues or assessments paid by members, provided that membership is not conferred solely as consideration for making a contribution in response to a solicitation."


Contribution (Real Estate)

The appraisal principle that states that the value of any component of a property is what it gives to the value of the whole or what its absence detracts from that value. (See appraisal)


Contribution (Supply Chain)

The difference between sales price and various costs. Contribution is used to cover fixed costs and profits.




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