Business Terms and Jargon Explained

What is Balance of payments (BOP)

Refers to the financial position between a country and the rest of the world. There is two accounts. The current account that represents imports and exports of goods and services and the capital accounts, which represents capital invested in other countries and what has been invested in its country.

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Withholding Tax National debt Earning asset
Shekel NPISHs Appellant
Merit Good Interchange fee Diplomat
Supply Of Goods Long Term Debt N121 Civil Court form
Transposition - EU Bid In extenso
Proprietor Summary Judgment Residential property
Ingot Intranet N9A Civil Court form
Billing SERP Memorandum of Understanding
Unit of trading Arbitration European Central Bank - ECB
Next of kin House agency Quantum of damages
Keystroke logger Liquidity Appraiser
N323 Civil Court form Vest Flexitime
Sub-Division Business Class Underwithholding

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

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