Business Terms and Jargon Explained

What is Assumption

This is where a property is purchased with its mortgage. The buyer of the property makes the payments of the original mortgage that the seller had. Unless specified the original borrower will still remain liable.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

Banking book Supply VAT Gold Cordoba
Common Position - EU Booking Fee Bonded Warehouse
Capital Goods Scheme Dividend KMC
Invention Households Woolf Reforms
Horizontal integration Backpay Domain name
Subpoena Tariff Demurrage
Rand End Use Al Desco
Market equilibrium Executrix-nominate Doli incapax
Local Justice Area Exit strategy Business Activities
Gross interest Magic bullet Doable
Flowchart Karat Voluntold
Patents County Court Sniffing Liquid Assets
Equilibrium Exchange Rate Voidable Raw Materials

Term created / updated 2006-10-31 00:32:09

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.