Business Terms and Jargon Explained

What is Income Protection Policy

This type of insurance policy is for an employee where if they are made redundant or have an accident or sickness that makes it impossible to work. They can still have an income for a period of time. If you are self-employed then you can get a similar type of insurance. This will give them some time to adjust to their new situation and recover

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Bank of England Act Tax Form - P45
Quasi-judicial functions Capital Goods Scheme Peer
Ei incumbit probatio qui Backpay SHA1
Sanction Click Fraud Indicia
Free Zone Value added tax (VAT) Procurator
Calculated risk Direct Costs Financial Intermediary
Business Angel Cost Unit County Court Judgement
Directors Supply VAT Operating System
Vertical integration Balloon Payment Process
Flowchart Secured creditor Public company or public limited company
Appropriate systems Contingent liabilities Margin Scheme Package
Firewall Statutory register Prime costs
Loading List Nominal wage flexibility Continuous Supply Of Services

Term created / updated 2006-03-23 10:51:29

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