Business terms and jargon explained. Your business dictionary

What is Payee

Refers to the person that will receive the money. Usually on negotiable instrument E.g., a cheque where the payee is the person who’s receives the cheque and who will receive the money when cashed.

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Residual Input Tax AMOGA Refinance Actuary
Charges Bancassurance Double Deflation Payment terms
Summary Judgment Stagger Credit Note Cutting edge
N225 Civil Court form Assurance Stock Exchange Cash Flow Statement
K.I.S.S TMI Risk Reversal Joint liability
Cash Accounting Aggregate Supply N279 Civil Court form Digital Certificate
Business Class Zombies Chambers Copycat packaging
Batch production Constrained Discretion Garnishment Switch
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Agency Agreement
To use when a business wishes to appoint an agent to promote its products or services.
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Joint Venture Agreement
Work together for a common business goal and gain benefits and co-operation from others.
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Partnership Agreement
This legal document is for when two or more people come together to form a business.
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Pre-Nuptial Agreement
Protect you interest if the worst happens. Pre-empt any problems before they happen
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Term created / updated 2005-09-03 11:55:28

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