Business Terms and Jargon Explained

What is KYC

This acronym is for "Know Your Customer", is an obligation by banks, financial institutions, legal and accounting firms to authenticate the identity of its potential customer before they do business. This is in line with anti money laundering laws.

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Floating Charge DTI system Discounted Cash Flow
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Cryptography Media kit OTC
Off Balance Sheet Depreciation Turnover
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Term created / updated 2019-11-13 14:05:50

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