Skip to main content

Definitions by Kung-Fu Jesus

cinquecento 

(n.) An economy car made by Fiat. Small, ugly, terrible turning, slow, underpowered and unconfortable, this car remains a high-seller for fiat because of the low price and cheap maintainence. No male, not even a homosexual can keep his cool when seen driving this car by his friends.
A ford model T could smoke a cinquecento.
cinquecento by Kung-Fu Jesus May 6, 2004

HM customs & excise 

(n.) Her Majesty's custom and excise, who control most of British taxation, and really don't give a shit that it's too much, so shut up and pay, you working class daily star and the sun readers who bitch about the government.
HM customs & excise will amalgamate themselves with the Inland Revenue in a few years.

pointman 

(n.) One indigeonous to or familiar with the current vicinity, who acts as a guide to the foreign peoples. A key point of anti-guerrilla forces. Pointman is a bisexual term, and does not change to pointwoman.
I'll be pointman, you can follow ten at ten paces.
pointman by Kung-Fu Jesus May 6, 2004

Goodwill 

(n.) The difference between the value of a business as a whole and the sum of its' net assets. Usually a measurement of reputation, position, contacts etc etc. When a new partner is accepted into the business, they must buy thier share of the goodwill


Can be positive or negative.
Goodwill in the business as at 31 dec 2003 was valued at £80,000.
Goodwill by Kung-Fu Jesus May 6, 2004
Capital account - cptl a/c
a/c by Kung-Fu Jesus May 6, 2004

capital account 

(n.) Rarely accessed account that records only permanent changes in capital, such as drawings or withdrawl of capital.
The interest on my capital a/c is given to the current account.

current account

(n.) Account that gives little, or in most cases no interest. Holds the personal short-term money transactions. It is a fluctuating account held for either private or business reasons, sometimes at a bank, although in the case of the latter, may be held within a business. Credits to this account are share of profit, salary and interest allowed on capital account. Debits are loss of profit or drawings.
My current account statement from the bank has me overdrawn.