Business terms and jargon explained. Your business dictionary

What is Current Liability

This is a list of current creditors where the debt is due in less than twelve months. Creditors are anybody that you owe money too. This can be trade creditors, vat, short term loans, etc.

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Official Solicitor Buy-out Booking Fee Sale and Leaseback
Surety Year end dividend Keyman / keywoman insurance Illegal per se
Balance Sheet Case N260 Civil Court form Vertical integration
Prime Minister N316 Civil Court form Mitigation Re-Enlistment Bonus
X Bar Direct Debit Writ Acquittal
Know your client WERS Book value Quasi-judicial functions
Decree Absolute CHIP and PIN Yard Capital intensity
Abort fee Web hosting agreement Private Motor Vehicle Intestate
OTR Term Draft General lien Wealth management
Business Objects IP Standing Order Narrowband

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Term created / updated 2006-11-01 23:34:55

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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