Business terms and jargon explained. Your business dictionary

What is Ratification

Permission given after the fact, e.g. where a contractís terms or conditions are changed and it is as if that was agreed in the first place, or an agent acts in an unauthorised manner and the principle gives him the authority after the fact. In law, once there has been ratification the contract changes are now binding.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Import Duty Asset Allocation Zip Quetzal
Percentage of Annual Revenue From Online Sales Downtime CSS Corner a market
Sawbuck Privacy statement Accepting house Customer information order
Bonded Warehouse Voluntold Force Majeure UN
AIM shares EDCS Executor-dative N170 Civil Court form
Quantize Naira Orse Gross domestic product - GDP
Yen Financial Constraints SSL - Secure Sockets Layer Insolvency
Chattel N285 Civil Court form Bonds Board of Directors
Chambers Possession Mala fides Tariff Quotas
Aggregate holding company Memorandum of Understanding BotNet NPISHs

Term created / updated 2005-12-14 17:05:47

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.