Business terms and jargon explained. Your business dictionary

What is Know your client

This is an ethical principle to which financial advisers must adhere. A financial adviser has to take reasonable steps to gather personal and financial information concerning the client that will be used by any party that the financial adviser introduces them to. The Financial Authorities have put in procedures and law to protect clients and to prevent fraud. There are big penalties for the adviser if they do not comply.

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Pension Contributions	Administration	T-account	Above-board
Imaging	Bad debt	N5 Civil Court form	INGO
Appellant	Inventory	N121 Civil Court form	Ei incumbit probatio qui
Bankruptcy Order	Bolivar	Alibi	Direct Costs
Late Registration Penalty	Marketing Mix	Information Commissioner	Financial Ombudsman Service
Testimony	Patch	COO	LIBO
Ask	Moving forward	WERS	Households
HMSO	Zero rated	Off Balance Sheet	N349 Civil Court form
Ancillary relief	Takeover	BZIP2	Specific Legacy
Derivative action	Cost per click	Broker	Business Continuity Planning

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

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.