Business Terms and Jargon Explained

What is Internal Control

This is how a company or organisation manages it assets and systems. Its internal control ensures that the system is working correctly and that it is being used correctly. It keeps a track of what has happened and when. It also keeps a record of what it has and when it was acquired.

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Aggregates Levy Mediation Earning asset
Company Logo Long Term Debt Vicarious Liability
Batch production Cost of Capital Pegging
Statutory register N434 Civil Court form Operating System
Budget account Holding Company Patentability
N16A Civil Court form Warrant of detention Refund
Open End Credit Contingent order Mesne Profits
Legacy Lek Securitisation
Consignee SEED Contempt of Court
Peso RTGS Acquisition
Supply Of Goods Endogenous Convergence Krugerrand
Pseudonymous SIPP Balancing Charge
General Partnership Parental leave policy Enterprise zone

Term created / updated 2006-05-10 23:37:23

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