Business Terms and Jargon Explained

What is Procedure

A procedure is a fixed process to get a given outcome. It is the step by step process to achieve a product or result. E.G the process to renewing your car insurance is to call them giving your current details and asking for a new quote to renew (this can now be done online). If you like the quote you can agree to a renewal of your car insurance.

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Abandon NDD Tax Form - P9
Installment N161 Civil Court form Pleadings
ATM Variable Rate Loan Penetration Pricing
Trade secret HMSO Institutional Sector
Bear hug Period Entry Labour
Illegal per se Charge Credit Institution
Ex gratia Xerox Curfew
Alimony Ram CEO
Debtors Outsourcing Health insurance
Independent contractor Force Majeure Eminant Domain
Call Option Late Registration Penalty Alienation
Mesne Profits N260 Civil Court form Nemo dat quod non habet
Charitable Trust Close company Barrister

Term created / updated 2020-09-01 16:58:49

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