Business Terms and Jargon Explained

What is Tontine

This scheme of lending money is where there are a number of persons who make up the lenders who each receive an annuity for life. The amount increase as the lenders dies until the last remaining receives all the annuities.

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Fixed Cost Due date Base Rate
Hysteresis Dialup Conversion Costs
Ipsissima verba WCO Face time
Know your client Official Receiver Ingot
IANAL Log file Admiralty Court
Big Hitter Prosumer Payer
High Credit Big Four Yard
IPT Deferment Trader Deflation
Revenue Trader Joint Tenants Cache
Utilities Company Management buyout Living Wage
Headhunter EMU Perquisite (perk)
County Court Judgement Derivative action Associated companies

Term created / updated 2005-10-24 12:47:29

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