Business terms and jargon explained. Your business dictionary

What is Incentive

This is where a bonus or a benefit is given to somebody to help him or her make a particular decision. This can be on top of normal benefits of making the decision you want them to make.

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AIUI Underwrite De novo Discretionary Trust
Pro forma Fixer Lek Know your client
KBPS Sub-Division National Insurance (NI) Stagger
Account monitoring order To adduce Capped Rate Bequest
Stet Bank Reconciliation Warranty liability Buy-out
Yankee To adjourn IOU Unconscionable
NES District judges Optimist Class Licence
Petty Cash FTP Smart Card Acquirer
Nominal wage flexibility Activities of daily living (ADL) Marketing Plan Voting right
Warranties Petition Downtime Employees

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Term created / updated 2014-01-27 20:46:45

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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