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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Revenue Trader Licensed Premises Administratrix
Royal Mint Import VAT JASDAQ
Lessor Ex-Works Deadline
Corporations Deficit JCO
Enterprise Value Lord Chancellor Som
Current Assets Overbought E.C.B
Deed of assignment Quetzal Federal Reserve
MANGO Going Forward Ethernet
Underwithholding EAT Alpha geek
Economically Inactive Brute force Executor
Abort fee Arrangement Fee Risk
Trust Aftershocks Western Union
Executor-dative Net Assets Syli

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

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