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   

 

Secondary Home	Proactive	Sol	Loading List
Certificate of Incorporation	Decruit	Externality	Venture Capital
Freight Forwarder	ActiveX	Mission statement	Independent Review Service
HM Customs and Excise	Per curiam	Cash Flow	Billing
Council conclusions - EU	N20 Civil Court form	On Consignment	Executrix-nominate
Market Based Pricing	Covenant	Aggravating	Specified Supplies
Self-Billing	Aliunde	Domain name sales agreement	QC
RAR	Sui juris	Gaap	Direct Representative
Blind Testing	In delicto	Services	Network Address Translation - NAT
COO	Critical Success Factors	Equity Rates	Government securities

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.