Business Terms and Jargon Explained

What is CHAPS

CHAPS Clearing Company Ltd runs payment schemes and provides central infrastructure for same-day payment services primarily for high value transactions. It processes RTGS payments in both Sterling and in Euros. CHAPS currently has 22 direct members of which 14 are members of CHAPS Sterling and 20 are members of CHAPS Euro.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

<- 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   

Agent Asset stripper Landlord Reference
Capital Adequacy Procurement SIPP
INGO Shareholders Purchasing economies
Tainted acquittal LINK Net worth
Goodwill Compensation order MD4
Talis qualis Jus naturale Grey market
Management buyout Golden Handcuffs Offshore funds
Quantum of damages Outside The Scope Convention right
Payback Bank of England Securities
Yearling Quorum Payroll
FIO e-company Dram
Waiver Advocate Shelf life
Notice to quit Voir Dire Intra Vire

Term created / updated 2007-04-05 18:04:07

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 © 2004-2022 Scopulus Limited. All rights reserved.