Business Terms and Jargon Explained

What is Current Assets

Are assets that are current and not long term. Usually they will change within a year and/or are liquid in that they can be changed rather quickly into cash E.g., debtors that are due within one year.

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Incentive Appreciation Scalability
Title CHIP and PIN Parliamentary Agent
Value added tax (VAT) Net Pay OTR
Take ownership Merit Good N279 Civil Court form
Home Working BIOS Free Trade
Published Information EORI FIO
Personal data Convertible Mark Profit and Loss Responsibility
Independent Review Service Trial bundles Comitology
Peso Locus in quo Above-board
Sale and Leaseback Principal Place of Business Grey market
Installment Gearing Representation order
Arbitrator or Arbitration Official Solicitor Accounts receivable
Accruals Basis Copyright Tribunal Quick wins

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

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