Business Terms and Jargon Explained

What is Insolvency

This occurs when individuals or businesses do not have enough assets to cover their debts, or are unable to pay their debts when the debts become due.

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

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Due date Pro tanto Crown Court
Forfeiture Golden Handcuffs Published Information
Taxing Master LINK Recycle
Balance of payments (BOP) Touch base Outsourcing
Customs Duty Exporter Drawback
QR code F2F Bolivar
Bankruptcy Horizontal integration N119 Civil Court form
Patent Pools Change Control Business Objects
De jure Blue Chip N9B Civil Court form
Digital Certificate Economic Capital Off Balance Sheet
SHA384 Stock losses Nontrade receivables
Real Work Permit Business cards
Compounded Settlement Bad Debt Relief Annuity

Term created / updated 2006-12-14 23:58:41

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