Business terms and jargon explained. Your business dictionary

What is BACS

BACS Ltd runs a payment scheme and provides central infrastructure for bulk electronic clearing and the management and provision of related payment services in the UK. It processes a number of different payment services direct credits, direct debits and standing orders. It currently has 15 direct members.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z


Search Term   

Krona Administratrix Zero Rate Certificate Year end dividend
Credit Application Form LAN Rainmaker Descope
Open court Cash Flow Statement Golden Parachutes Domicile of origin
UK Billing Turnover Working Population
VLO KITING Lessor N20 Civil Court form
Closed Economy Exchange rate risk Rural Payments Agency Blue Sky Thinking
Patents County Court WERS Cancellation Period Agent
Utilities Company Charge Certificate Cestui que trust Credit Risk Mitigation
Krugerrand Royal Mint Nanotechnology Invoice
IPO Best Judgement Assessment Trade reference Uberrimae fidei

Term created / updated 2007-04-05 18:02:10

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.