Burdensome; oppressive.
"Onerous" means burdensome, oppressive or causing hardship.
No, the Spanish word "onerous" does not mean expensive. "Onerous" translates to "gravoso" or "pesado" in Spanish, meaning burdensome or difficult rather than costly.
onerous.
"Onerous" is likely used in the context to mean burdensome or oppressive, indicating that something is causing a heavy or difficult burden.
At the date the lease becomes onerous: Dr P&L Expense - onerous lease. Cr Balance Sheet Provision for onerous lease. Each time there is a rental payment on the lease: Dr Balance Sheet Provision for onerous lease. Cr Cash
Onerous means difficult or unpleasant to deal with.
He is quite onerous since he didn't want to go to work.
Packing up all our belongings is an onerous, but necessary task if we truly want to live in a warmer climate.
Onerous
The liability approach to onerous contracts involves recognizing a liability on the balance sheet when a contract is deemed onerous, meaning the unavoidable costs of fulfilling the contract exceed the economic benefits expected to be received. Under this approach, the entity must estimate the total costs associated with the contract and record a provision for these costs. This ensures that the financial statements reflect the potential loss from the contract, aligning with the principles of prudence and matching in accounting. As a result, it provides a more accurate picture of the entity's financial position.
· onerous - burdensome, troublesome
obstructive is one