Business Terms and Jargon Explained

What is Smart Card

A card with an embedded chip used for a variety of purposes such as proving the user is valid (authentication). It does this by storing authentication credentials and submitting them, or by actually performing an operation on the card itself (using a specific key), to demonstrate the validity of the user.

Crown Copyright. Material taken from the DTI - Department for Trade and Industry. Reproduced under the terms and conditions of the Click-Use Licence.

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Call to Action Default Judgment Bonded Goods
Takeover Encode OEIC
Independent Complaints Reviewer AGM Official Receiver
Registered Office Woody CRN
GTC HMSO Carriage cost
Magic bullet Medium of exchange CAM
Basis Point CHIEF Information Commissioner
Lump Sum Distribution CEO Zone
N1 Civil Court form MD2 Mortgage Term
Sawbuck Current Liability BACS
CMO Inventory Windfall Profit
Valuation reserve Eminant Domain Metical
Affiliate agreement UK Business Registration Statement of Account

Term created / updated 2007-03-13 13:05:19

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