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.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.