Business Terms and Jargon Explained

What is Possession

The physical control of a thing or asset. This is an element of ownership and gives a legal protection.

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NES Private Motor Vehicle Repo
Grant caeterorum Donee Transfer of Shares
Conditional discharge Value added tax (VAT) Trademark
CAM Berne Convention Deregistration
ISP N242A Civil Court form Switch
Email client Progress payments Alias
Proxy Write-off Loti
Order of committal WIP Book value
Free Trade Decruit Writ of venire de novo
Testimony Accrual Accounting Nemo dat quod non habet
Free Zone Subscription Right Gross Weight
Paanga Audit Report Specified Supplies
Diplomat Arrangement Fee Chambers

Term created / updated 2006-01-24 11:52:28

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