Business terms and jargon explained. Your business dictionary

What is Deposit

A deposit is an amount of money that you give as part payment for a purchase, which is used to secure the transaction. If the transaction falls through or you decide that you do not want to make the purchase, you forfeit your deposit because you did not complete the transaction and the seller may have lost other buyer and or will have to put it on the market again.

<- 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   

Monetary Policy Warrant of arrest Password Payer
Appraisal Bespoke Horizontal merger Uncollected funds
Contingent Beneficiaries Copycat packaging Per stirpes LIBO
Long Term Debt ROI Quoted company Continental Shelf
Alternate bid N150 Civil Court form Syli Fringe time
Privilege CPU Nemo dat quod non habet WOWGR
Woolf Reforms Voluntary Liquidation BTW Pro tanto
Objective Quorum Without Prejudice Undercapitalized
Tenant N16A Civil Court form Principal Affidavit
European Sales Lists Offshore funds Economist Plaintiff

Term created / updated 2013-06-24 10:00:10

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.