Business terms and jargon explained. Your business dictionary

What is Free Zone

Tax Definition:-

A designated and approved area where imported goods may be stored without payment of VAT or import duty.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Spoilage Contributions Agency Liquidity Golden Rule
Externality BotNet Turnover Operating profit
Medium of exchange Exchange rate risk Deposition Austral
Testator Baht N9B Civil Court form JCO
Affirmation Joint Tenants Voluntary Disclosure Gross
Zloty MoJ Nanotechnology Trial bundles
Watering Stock N336 Civil Court form Executrix-nominate Asset Turnover
Trade reference B2C Overdraft Free on board
Accounting reference date Risk Benchmark Due date
Adjournment Order Optimisation Job production Adultery - Legal

Term created / updated 2006-12-03 23:15:08

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.

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