Business Terms and Jargon Explained

What is Merit Good

A merit good is a good that society thinks people should consume or receive, no matter what their incomes are, eg certain levels of shelter and food.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

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Externality Secured creditor Locus in quo
Exceptions Occurrences Give as you earn (GAYE) LIFFE
Ofcom Bank of England RSS
Pay Back Period Personal Rights REDS
Giffen goods Financial equity BOGOFF
Quasi-judicial functions Voluntary Disclosure Abscond
Payer Hedge Writ of venire de novo
Capsizing Economic Capital Sub-soil assets
VIES Capital Adequacy Non-Monetary
Receiver Spam Patents County Court
Non-Resident Exempt Supply Corporate Culture
Affirmation Writ Furlough
Intranet Consolidated supervision Single linking agreement

Term created / updated 2007-03-16 16:03:56

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