Business Terms and Jargon Explained

What is Uncollected funds

This is funds that have been deposited into a business bank account but have not cleared by the bank on which they are drawn. This is normally refers to cheques and other instruments.

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Easy mark Committal for sentence EMS
Paradigm shift Progress payments Balancing Charge
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KMC Law Lord Debtors
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Outsourcing Risk Financial Intermediary
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Customer ERNIE Appraiser
Procurement Voluntold House agency
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Term created / updated 2009-04-10 22:11:56

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