Business Terms and Jargon Explained

What is Usury

This is where a lender charges very high rates of interest. This may in some circumstances be against the law and the transaction is then deemed avoidable and unenforceable.

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Guaranteeing Associations Tender MINT
CTR Witness Multicurrency
BACS Secured creditor Paanga
Loti Crawler Calculated risk
Junior debt Parental leave policy Log
Bad Debt Relief Share Capital Convertible Mark
Prospecting Variance LINK
Killer bee SHA512 Womb to Tomb
Oversold Helicopter View Testator
IP Trade secret Quantum meruit
Credit Derivatives Perquisite (perk) Turnover
Logical Bomb Mens rea
Bail Specific Legacy Stay

Term created / updated 2005-10-07 23:17:45

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