Business Terms and Jargon Explained

What is Proof of Concept

When an idea is conceived it has to tested to see if it can be done and if the idea has economic potential. A proof of concept can be a prototype that works and proves the concept before investment is raised for development and testing in a real life environment with feedback.

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Economically Inactive Appreciation Primary legislation
Walking Possession Affiliate Cash Accounting
Giffen goods Yuan Year end dividend
Entitled Destinations N5 Civil Court form Medium of exchange
Addendum BTI Write off
Digital Signature Bells and whistles Paradigm shift
Assumption Real Exchange Rate Hryvnia
Corner a market Depression Drawback
adeem Ombudsman Co-operative
Judgement Assurance Group Incentive
Land Registry CNCD Derivative action
Charity Exemption Uberrimae fidei Floating Charge
Public Key Infrastructure - PKI European Patent Office Taka

Term created / updated 2019-12-01 17:37:35

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