Business Terms and Jargon Explained

What is Chargeable Asset

Is an asset that when sold at a profit (capital gains) will incur tax. Not all assets fall into this category e.g. your home if you live in it for a period of time will not be taxed when sold but your second and third property when sold will be subject to tax.

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Aggregate Demand Intrusion Detection Non sequitur
Churning Interpreter Costing Systems
Law Lord ADSL Gourde
Per diem Quantum of damages Bonded Warehouse
Financial Capital Aggregate Supply Consumption Goods
Compensation funds HM Customs and Excise Deferred sentence
Intranet Regulations - EU Injunction
Discretionary Fiscal Policy Executive Agency Deferment Trader
N225 Civil Court form Annulment Trade secret
Trustee Competitor Barrister
ICO Perquisite (perk) Bona fide
Doli incapax Scope Creep ISP
Call Option Pari passu MoneyGram

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

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