Business Terms and Jargon Explained

What is Intestate

This term is used to describe a person who dies without leaving a last will and testament. In this situation, an administrator will be appointed under the rules of intestacy over your affairs. Any remaining blood relatives can inherit your estate or the government may take it.

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Operating profit Bank Transfer Lead time
Ask Community Patent Equity Line
Intellectual property Parliamentary Agent Unit of trading
WIM Discretionary Trust Accumulation
Drawback Ipso facto High Credit
Workout County Court Judgement Repurpose
fringe benefits Leasehold Variable Rate Loan
NVR JP Pre-Financing
UN Mens rea WCO
Offshore Non est factum Grey market
Bonded Warehouse Interpleader
IOU Money Transfer Abroad LCP
Surety Private Motor Vehicle Giffen goods

Term created / updated 2014-03-18 11:20:18

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