Business terms and jargon explained. Your business dictionary

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 to learn more:-

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   

N161 Civil Court form Spoofing Warranty of Authority
N285 Civil Court form Order of committal House agency Alpha geek
Sub modo Executor NDD Political equity
Statutory Company Domain name Ex facie Digital Certificate
Public relations Loan Offshore Investments Lilangeni
Business Promotion Scheme BIS N322A Civil Court form Insider report
Nominal wage flexibility Arrangement Fee Refer to drawer Sanction
Drawings Ei incumbit probatio qui Concentration ratio Deadline
General Partner Contingent liabilities Arrears Oversold
Fiscal Territory Chair Plug Voir Dire Kilowatt hours (kWh)

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 to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.