Business Terms and Jargon Explained

What is Invention

This is the creation of a new product, service or process. It may be a development of a new or existing idea. Famous ideas that have changed our lives are the invention of the television and the light bulb.

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Administration Lessee Above-board
Account payee Financial Ombudsman Service NES
Margin Scheme Package Prime costs FIO
Logical Bomb Dumping Admission
Preferred stock Corner a market Berne Convention
Addendum NGO Marginal Cost Pricing
Out of Pocket Note Buyers Secured creditor
Bequest EMEA Demand
Securitisation Overtime Floating Charge
Old Lady of Threadneedle Street Bad debt Anti-virus software
Rational Decision In terrorem Excise Goods
Cable Modem NPO Installment
Invention Prorogation CHIEF

Term created / updated 2008-08-12 17:00:23

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