Business Terms and Jargon Explained

What is Smurfing

This is the practice of breaking large deposit into smaller ones so as to avoid the reporting limit a bank has to report the transaction.

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Actuary Memorandum of Understanding Home Bias
Institutional Unit Joint Venture Force Majeure
Pessimist Annual bonus Liquidity
Quantum Statutory Company Consideration
N122 Civil Court form Regressive Tax UFT
Debtors CIF Intermediate goods
Discretionary Trust Derivative action Principal trade
Free Trade Equilibrium Exchange Rate Directives - EU
Dobra Trademark Convention right
European Sales Lists Adultery - Legal Crawler
Shrinkage Petty Cash N215 Civil Court form
Giffen goods Sub nomine POS
ERNIE Pseudonymous Testacy

Term created / updated 2010-01-12 16:01:57

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