Business Terms and Jargon Explained

What is Joint Account

This is where more than one person is named on a bank account. They all own the bank account. The specific arrangements have to be made as to whether payments instruments must have all signatures or only one or two. In most cases each has a signature limit and above that more signatures are needed. This is common both for individuals and companies.

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Barter Ex parte Unearned income
Cutting edge EPC War Chest
HMI Activities of daily living (ADL) House Organ
Deed of assignment Deliverable Recycle
Decode Flash Default Judgment
Wholesaler Caution Money Deposit
Floating Charge Descope Chargeable Income
Billing Cycle Res gestae Locked box
Floatation Volume discount Working Population
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Puisne Judge Information Commissioner Golden Parachutes
Appellant Double Entry Accounting Business Continuity Planning
Bona vacantia Cash Flow Statement monetize

Term created / updated 2005-07-16 23:12:15

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