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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Asset Allocation Visa Official Solicitor
Non constat Accounts payable Disciplinary procedure
Financial Ombudsman Service Leverage Allotment
Landslide Stock losses Boil the ocean
Lari Two-comma Above-board
Decree Absolute Restraint of trade Deductible VAT
Published Accounts LTV CHIP and PIN
Txid A.K.A Demurrage
Volens Amped Quality circles
Snail mail Crawler Gross interest
Kopek Charitable Trust Open court
Monopoly Diversification Fixed Cost
Oligopoly Debenture Subscribers

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

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