Business Terms and Jargon Explained

What is APACS

The Association for Payment Clearing Services is a non-statutory association of those involved in providing payment services including banks, building societies and the Post Office. Its principal task is to manage the major UK payment clearing schemes through three operational clearing companies: BACS; CCCL; and CHAPS. It currently has 31 members.

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Golden Handcuffs Merger Discretionary Trust
Treeware Capital Gains Default risk
Annuitant Black knight Financial economies
Username TAR Income Protection Policy
WCO Shortfall N5 Civil Court form
Mortgage Term Pupillage Your Honour
Domicile of origin Risk Non-Resident
Sucre Stamp duty Grey market
Doli incapax Helicopter View General lien
Balance Transfer adeem Collateralised Transactions
Comparative Advantage UFT WIM
Employees Alib Operating System
Pro tanto Portfolio Analysis Free Trade

Term created / updated 2007-04-05 17:56:25

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