Business terms and jargon explained. Your business dictionary

What is Bankruptcy Order

This indicates that a person is unable to pay their debts and, subject to certain exceptions, deprives them of their property. The property can then be sold in order to pay the person's creditors.

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

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Appropriate systems Assumption Call Back Pay Due date
Dram CVC Heads Up Guaranteeing Associations
Shares Petty Cash BIOS Cognition
Broker Cancellation Period Medium of exchange Parent company
Value added tax (VAT) Tontine Consultancy agreement Mutual Linking Agreement
Your Honour Realisable property Windfall Profit Book value
National IP Crime Strategy Barrel Negligible Value In solidum
Overgeared Non compus mentis Uno flatu Net income
Pa'anga Residue Leave of the court Official Solicitor
Civil List Homogeneity Pay Back Period Price Elasticity of Demand

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Trademark Licence
Use this Trademark Licence to grant a user your permission to use your trademark
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Joint Venture Agreement
Work together for a common business goal and gain benefits and co-operation from others.
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Partnership Agreement
This legal document is for when two or more people come together to form a business.
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Termination Agreement
Use this document to agree how the employee/ employer relationship and contract will end
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Term created / updated 2006-11-24 15:41:42

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.

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