eighty/twenty law

Definitions

Accounting

• noun the rule that a small percentage of customers may account for a large percentage of sales.

Economics

• noun Pareto’s law (so called because 80/20 is the normal ratio between majority and minority figures, so 20 per cent of accounts produce 80 per cent of turnover; 80 per cent of GDP enriches 20 per cent of the population, and so on)

Nearby Definitions of “eighty/twenty law”

• Edward (Franklin) Albee
• Edwin Forrest
• efficacy
• efficiency
• egg
• eighty/twenty law
• elasticity
• electricity
• electrode
• electromagnetic spectrum
• element

Contexts for “eighty/twenty law”

2 definitions in context
• Accounting
• Economics