Business terms and jargon explained. Your business dictionary

What is Work Permit

This is a legal document that allows an individual visitor to work in the UK for a period of time. The permit will specify the period of time and sometimes fixes the industry and place of work. A Temporary National Insurance number will be issued to the individual for tax purposes.

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War Chest Account payee Drawings Proxy
Corporate Strategy Mediation Gazumping Big Hitter
Discount received Defragmentation Preferred stock AIUI
Published Accounts Overrule Mitigation N11 Civil Court form
Product Market Flexibility Money Transfer Official Receiver Fixed Cost
Killer bee Money Trail Alternate bid Turnover
Lamfalussy Synergy Exporter Nominal Damages
Probate Inter partes Constraints Restrictions Recorder
Madrid Protocol Supply Chain Co-operative Public corporations
Trade reference Risk Reversal Magnum opus Ngultrum

Term created / updated 2005-10-30 23:56:21

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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