Business Terms and Jargon Explained

What is Chargeable Value

When someone dies, their estate is valued for tax purposes. The chargeable value is all the assets less liabilities less exemptions of allowable gifts and capital.

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Calculated risk Procurator Arbitrage
Zero rated Junior debt Venire
Cross examination Adjournment Drawings
Non-Monetary Continental Shelf Security for Loans
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Guarantor Budget account Mediation
AVC Write-off Bail
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Published Information Decree Nisi Pro Rata

Term created / updated 2013-04-10 14:34:37

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