Business Terms and Jargon Explained

What is KITING

This is where a cheque is written when there are insufficient funds to cover that amount in the bank account. This is normally done when there is expected to be funds in the account when the cheque is cashed.

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Aggregate Supply Order Optimisation Leverage
Council conclusions - EU Collateralised Transactions Testacy
Accounts receivable Negligible Value Overseas company
Temporary Importation Accepting house Vexatious Litigant
Bonded Goods CPC Employment contracts
Lawyer Spam Company Secretary
Firewall Buy-in Cost per Action
Administratrix Debt collection letters Magistrates court
Variance Foreclosure Incentive
Import VAT Certificate Payee Bullet Loan
Accumulation Internal Control Grant of confirmation
Transfer Deed Power of Attorney Effective Exchange Rate
MoneyGram Independent Review Service Drawings

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

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