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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Transfer of Shares B2B Bandwidth
Alimony Give as you earn (GAYE) Utilities Company
Free Zone Goods Prosumer Winding up
Security for Loans Stet Value billing
Class Licence Board of Directors Ombudsman
Pro hac vice ETA Tax Shift
ECDSA Accounts receivable White-collar worker
EORI Conditional discharge Data breach
Brainstorm Clock sucker ETD
Dong Orse Voir Dire
Credit Note Kina Quorum
Billing Cycle Open End Credit Deed of assignment
Preamble Ad Idem Down Tick

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

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