Business Terms and Jargon Explained

What is Act of God

This is an unforeseen, unpreventable event that causes loss or damage to land, buildings or business. An example would be an earthquake.

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Duopoly- Shareholder agreement Grant of probate
Lat Current Liability Factoring
SMTP Leu Public company or public limited company
Excise Duties POS White-collar worker
Non est factum Lek Quasi-corporations
Undercapitalized Loading Pass Non-deductible VAT
Official Receiver Walking Possession Double Deflation
Management Audit Churning Equity
Progress payments Objective Core Competences
Log Fixed Rate loan DVD
Redundancy Quoted company Term deposit
BRIC Trial bundles Overgeared
Alibi World Intellectual Property Office Colon - El Salv

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

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