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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Ratification Annual exemption Financial Auxiliaries
Direct Costs Housing claim PLC
Sui juris Killer bee Indicia
Naira Pro hac vice AIM shares
Reentry Tailwinds Horizontal integration
Minutes Per stirpes Margin Scheme Package
Administration Optimist Next of kin
Gross Weight Buy To Let Book value
Accounting reference date Gearing Historical Cost
End Use Brute force Call Back Pay
Import VAT Certificate Best practice Lilangeni
High Risk CAP Goods Compensation WIP
Writ of Execution Capital intensity Declaration of incompatibility

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

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