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   

Tribunal Economic Capital Business Entertainment
Deposit Apple polisher Public corporations
PRODCOM Tax rebate Accounting method
Sanction Flowchart Services
Trustee Madrid Protocol Churning
Free Circulation Uxor Best practice
BACS N9B Civil Court form Unitholder
Take ownership Money Deposit IDE
N92 Civil Court form Bankruptcy Beneficial loan
Lessor Merchant Bank Charity
File Permissions Foreclosure Tolar
N6 Civil Court form Aggregate holding company Journal
Vicarious Liability Directors Guarantee Letter Actuary

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 © 2004-2020 Scopulus Limited. All rights reserved.