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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Proprietor Associated company Som
Bank Reconciliation Assignee Remortgage
Mortgage Offer Human capital Core Competences
Tax Avoidance Ad infinitum Credit Application Form
Tariff Quotas Fiat money Real Time
Magistrates court Contingent liabilities Principal Place of Business
Public Good SERP Ancillary relief
HMAC Annuitant Mutual Linking Agreement
Grant of confirmation Boil the ocean Blind Testing
Excise Goods Tax Form - P46 Uno flatu
Pension Contributions Warrant of distress Statement of Account
Tender Customs Release Transfer of Shares
Warrant of commitment Disciplinary procedure Drill Down

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

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