Business Terms and Jargon Explained

What is Open End Credit

This is the usual terms of a credit card or an agreed overdraft with the bank. You have a credit limited where you can borrow up to that limit. Once you have repaid then you have that limited again.

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Financial Capital PayPoint Ex cathedra
Unitholder Bull Market Merchant Bank
Free Circulation N294 Civil Court form Ipso facto
N119 Civil Court form Womb to Tomb Import Duty
Floatation Equilibrium Exchange Rate Money Transfer
EMS PRODCOM Fiat money
Health insurance Annual exemption Blocked Input Tax
MBPS Taxing Master CAFCASS
Paanga Collateral Joint liability
Pay Back Period Assurance Barrel
Donee Advanced fee fraud Offshore funds
Market risk Relative Wage Flexibility Lord Chancellor
Controlling Interest Obsolete Open court

Term created / updated 2006-05-31 23:04:09

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