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   

Write off Contingent Beneficiaries Kina Consumer
Western Union Yard Project brief Payroll
T-account Tax Evasion Demilitarised Zone - DMZ Publicist
SEED Project support Office Ex dividend Oxygen-move
Share Premium Xerox Interview Prosumer
Sin Tax Vatu Internet Protocol Security - IPsec Som
Real Stateful Inspection Compounded Settlement Audit Trail
Pre-Registration Expenses Export REDCENT Notice to quit
Deferment Account Afghani Inland Revenue Performers Rights
Per curiam Recycle Equilibrium Exchange Rate Cost per Action

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 © 2004-2018 Scopulus Limited. All rights reserved.