Business terms and jargon explained. Your business dictionary

What is Liability

Is an obligation to make a payment now or in the future.

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Joint Application Worm Relative Cost Ex post facto
Loading List Capsizing Quantum Blind Testing
Subscribers Just in Time (JIT) Default Surcharge Objects clause
MANGO Equilibrium Exchange Rate N294 Civil Court form Project brief
Oversold County Court Metical Operational risk
National debt Foreclosure POS Pula
Ofcom Deep pockets Out of Pocket Suggestio falsi
Group Registration Real Wage Flexibility Quorum Lucas critique
Net Realizable Value Memorandum of Understanding Secus Cookie
Artificial Intelligence Billion Interpreter Hire purchase

Term created / updated 2005-07-16 23:12:15

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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