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Business jargon explained clearly and to the point. Examples are used were appropriate. We appreciate that some terms have different meanings in different industries and we will be glad to add your industry explanation. When you have a suggestion, you can tell us via our Contact form. This business dictionary includes clear definitions from us or we use the official definition and explanation.

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See jargon in company formation section for company terms. See legal documents for explanation of different contracts and agreements.


 

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Sample of Business Terms

Loan Packaging :-

This is where a loans broker or officer acquires a number of loans from different sources to reach an amount totalling to the loan amount required .

E.g. a client wants to raise 5 million pounds. One lender may not want to take the whole risk and therefore a number of loans from different sources are gathered to reach the 5 million pounds figure.

There are rules and regulation on this that will need to be compiled with, that is why loan packages are best done through an intermediary, broker or the bank.


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