Business Terms and Jargon Explained

What is Default Interest

Tax Definition:-

Interest HM Customs and Excise charge on VAT that has been underdeclared or overclaimed, from the time the amount due has been paid.

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

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Value added tax (VAT) Austral Ex-Works
Actuary Admission of evidence Historical Cost
Back Door Audit Report Unfranked Receipts
Mitigation Judgement Fixer
Copyright Tribunal BYOD Ultra vires
Re N213 Civil Court form HMI
Bona fide Cognition Close company
Value billing Default Interest Procureur
Assignee Economist Brute force
Free Zone Manager Tort Process
Warranty of Authority N92 Civil Court form Cash Flow Statement
Base Rate Constrained Discretion Gold fix
Credit Concentration Contingent Discount Excise Goods

Term created / updated 2006-12-03 22:57:51

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