Business Terms and Jargon Explained

What is Life Interest

This is where a beneficiary can benefit from your estate for as long as they live. For example, a friend or relative can live in your house for their lifetime. There would normally be an alternative for when this ends.

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Grant of probate Open court Inland Revenue
Quaere Relative Wage Flexibility NPISHs
Inter alia Scalability Malum in se
Churning Adware Retail Prices Index - RPI - RPIX
Acquirer Joint Tenants Undercapitalized
Court Username Ethernet
Reentry Value-Based Pricing Bull Market
Interest Writ of venire de novo European Court of Justice
Pensions Ombudsman Boil the ocean Insolvency
Procurement Output Tax MBPS
Tax Form - P46 Adjusted earnings Tugrik
Appropriate systems Qualification period Principal trade
Procedure N235 Civil Court form Patent Pools

Term created / updated 2007-11-21 16:44:32

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