Business terms and jargon explained. Your business dictionary

What is CHAPS

CHAPS Clearing Company Ltd runs payment schemes and provides central infrastructure for same-day payment services primarily for high value transactions. It processes RTGS payments in both Sterling and in Euros. CHAPS currently has 22 direct members of which 14 are members of CHAPS Sterling and 20 are members of CHAPS Euro.

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   

Watering Stock Abandon Memorandum of Understanding Next of kin
EDCS Junior debt VRN Entities
Out of Box Leverage Group Incentive Over Trading
Admission of evidence Credit Application Form Al Desco Assurance
Paradigm shift Non constat Xerox Bear hug
Business Class Macro environment Kilowatt hours (kWh) Petition
Malum in se Executor-dative Payroll Remortgage
Transfer of Shares Old Lady of Threadneedle Street Ask Kwanza
De jure Voluntold Registered Design SEMEA
Contingent Discount Budget account Woody Current Liability

Term created / updated 2007-04-05 18:04:07

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.