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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Internal Auditing Inflation Supply Of Services
Contingent liabilities Compensation Sin Tax
Amped Apportionment Euromarkets
Togrog Supply VAT Parliamentary Agent
Beneficiary Vertical integration Yuan
Credit Institution Warrant of commitment Qualification period
EMS Pre-Registration Expenses Market Prices
Broker Anointed Balance Transfer
Bonded Warehouse Username Decruit
Landlord Directors Guarantee Letter Externality
Tariff Quotas Functionality Proxy
Alib Lead time SAIL address
Network Address Translation - NAT Nontrade receivables Procurement

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

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