Business terms and jargon explained. Your business dictionary

What is Foreclosure

This is the process of selling a property that is the collateral for a loan in default. Most large loans have assets used as security for a loan which will be sold to off to pay the debt. After the debt and cost have been recovered from the sale then anything else is given to the was loan holder.

<- 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   

Tribunal Variance Confiscation order MD5
Non compus mentis Price floor Option to Tax Life Interest
Transfer Deed Closed Economy Inflation Stakeholder
Overheads Mission critical Escrow Payback
BILL OF SALE Jury Stateful Inspection Parliamentary Agent
N92 Civil Court form Birr Bank of England Identity Verification
Old Lady of Threadneedle Street Bad Debt Relief Period Entry Crowding Out
Freelance N285 Civil Court form Ex gratia Ex works
Shareholder agreement XR Income Protection Policy Invoice
Collateralised Transactions Gaming Duty Trademark e-company

Term created / updated 2017-08-24 15:53:49

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.