Published 3 years ago

What Is Breakage And Why Does It Matter?

Summary by Ground News

Breakage is an accounting term that identifies revenue recognized from services that are paid for but not used. The most familiar example of where breakage occurs is in gift cards. Blackhawk Network reported commissions and fees of $1.26B on gift card activations in 2015.

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Forbes

What Is Breakage And Why Does It Matter?

If you have been reading articles on Forbes Advisor, perusing personal finance forums or engaging in deep discussions with managerial accountants at retailers that sell gift cards, you might have heard the term “breakage.” Breakage may sound like a concept…

3 years ago·United States

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