Business terms and jargon explained. Your business dictionary

What is Deposit

A deposit is an amount of money that you give as part payment for a purchase, which is used to secure the transaction. If the transaction falls through or you decide that you do not want to make the purchase, you forfeit your deposit because you did not complete the transaction and the seller may have lost other buyer and or will have to put it on the market again.

<- 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   

 

Private Motor Vehicle	Refer to drawer	Peel the onion	Customs Duties
Charge	Job production	Capital Adequacy	Money Transfer
Account payee	Darknet	Underwithholding	N235 Civil Court form
Media kit	Beneficial Owner	Paying Agent	Supreme Court
Colon - El Salv	Credit Concentration	VIES	Blowfish
NPO	XR	Competitive Advantage	Ipso facto
Autoresponder	Flash	Public Domain	In solidum
Talis qualis	Ipsissima verba	P11D	Turnover
Crown copyright	B2B	Risk Reversal	Nominated court
PIN	Judgement	MANGO	WOWGR

Term created / updated 2013-06-24 10:00:10

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.