Business Terms and Jargon Explained

What is Identity Theft

This is when unscrupulous criminals target innocent people and commit fraud in their name. They steal a personís identity and pretend to be the person. They use the person personal detail that they use to prove who they are. The innocent person only finds out after the event or when debts or the authorities chase them. This is why it is a good idea to keep your person information safe and only give details over a secure SSL page on the internet. In our newsletter a while back we emphasised that a shredder is a good investment to safeguard your confidential information.

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Bonded Warehouse Raw Materials Base Rate
NVR WIP Multicurrency
Holding Companies NES Vicarious Liability
Gold fix Business cards Objective
Option to Tax Factoring Buy back
Moonlighting KMC REDS
Financial Ombudsman Service Gross National Product PaaS
Lifo Credit Bubble
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Risk Arraignment Taka
Term Draft Collateral Browser
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Term created / updated 2009-08-24 14:23:54

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