- normal standard
- An average standard, used in standard costing, set to be applied over a future period during which conditions are unlikely to change.
Accounting dictionary. 2014.
normal standard
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Normal — Nor mal (n[^o]r mal), a. [L. normalis, fr. norma rule, pattern, carpenter s square; prob. akin to noscere to know; cf. Gr. gnw rimos well known, gnw mwn gnomon, also, carpenter s square: cf. F. normal. See {Known}, and cf. {Abnormal},… … The Collaborative International Dictionary of English
Normal equations — Normal Nor mal (n[^o]r mal), a. [L. normalis, fr. norma rule, pattern, carpenter s square; prob. akin to noscere to know; cf. Gr. gnw rimos well known, gnw mwn gnomon, also, carpenter s square: cf. F. normal. See {Known}, and cf. {Abnormal},… … The Collaborative International Dictionary of English
Normal group — Normal Nor mal (n[^o]r mal), a. [L. normalis, fr. norma rule, pattern, carpenter s square; prob. akin to noscere to know; cf. Gr. gnw rimos well known, gnw mwn gnomon, also, carpenter s square: cf. F. normal. See {Known}, and cf. {Abnormal},… … The Collaborative International Dictionary of English
Normal place — Normal Nor mal (n[^o]r mal), a. [L. normalis, fr. norma rule, pattern, carpenter s square; prob. akin to noscere to know; cf. Gr. gnw rimos well known, gnw mwn gnomon, also, carpenter s square: cf. F. normal. See {Known}, and cf. {Abnormal},… … The Collaborative International Dictionary of English
Normal school — Normal Nor mal (n[^o]r mal), a. [L. normalis, fr. norma rule, pattern, carpenter s square; prob. akin to noscere to know; cf. Gr. gnw rimos well known, gnw mwn gnomon, also, carpenter s square: cf. F. normal. See {Known}, and cf. {Abnormal},… … The Collaborative International Dictionary of English
standard rate — ➔ rate1 * * * standard rate UK US noun [C] UK ► (also standard rate of interest) BANKING, FINANCE the normal percentage amount that a bank charges customers for borrowing money: charge/pay a standard rate »Our discounted rate ended this year and… … Financial and business terms
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