Business Terms and Jargon Explained

What is Direct Debit

Is an automatic payment from your bank account that is variable and usually paid monthly on a fixed date. This is used when the amount is not fixed. You would have sign and given authority for a third party to take money from your bank account .They will have to inform you of the amount before taking it, e.g. mobile phone bill.

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CPC Lessor Tax Avoidance
Legacy Bona fide Net worth
Capital intensity Planchet Buy back
Percentage Rent Bankruptcy Abscond
CAPEX Peer Krugerrand
Operating System Current Liability Lord Chief Justice
Insider selling Drawback Debenture
Artificial Intelligence N294 Civil Court form Oversubscribed
Trillion Value added tax (VAT) Trade reference
Coin of the realm HMAC Profit
Warrant Refer to drawer Competitive Advantage
HM Customs and Excise ISA Customer information order
Ratification Overtime Prospecting

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

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