Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “statement of principles”

statement of principles

noun [C]
 
 
(plural statements of principles)
a statement in which a person or organization describes their beliefs and intentions: He will call for a 'statement of principles' which sets out which areas are controlled by the EU and which are handled by national governments. We need a clear statement of principles, backed up by firm commitments.
(also Statement of Principles) ( abbreviation SOP) ACCOUNTING in the UK, an official set of rules published by the Accounting Standards Board for company accounts: Issue costs are not assets as defined in the Board's draft Statement of Principles.
(Definition of statement of principles from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of statement of principles?
Add Cambridge dictionaries to your browser to your website

Word of the Day

bright spark

a person who is intelligent, and full of energy and enthusiasm

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More