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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Chargeback Million Corporate Strategy
Flexitime Tynwald Equal opportunities policy
API Back Office JVCC
Buy-out Forced Acquisition Bank Statements
Charging Order Consultancy agreement Trade Creditors
Terms of Reference Peripheral UFT
Keyman / keywoman insurance Ad infinitum Bequest
Unpaid dividend Functionality Notice to quit
Bonded Goods Lessor Ngultrum
NAS District judges Blocked Input Tax
Payback Quick wins Price Elasticity of Demand
Consideration Pro forma Business Impact
Cash Flow Orse AVTUR

Term created / updated 2019-11-13 14:05:50

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