Business Terms and Jargon Explained

What is White Bonnet

Is a term used to describe a person who is bidding in an auction on behalf of the seller. The reason for this is to raise the price and give the impression that there is more interest in the product. This term is used mainly in Scotland.

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Subsidiary Fiduciary Mortgage Term
Grey market Bear Market Overgeared
Tax Avoidance Boil the ocean Astute
Eurobond Landslide Federal Reserve
Holdover Tenancy KMC Unissued stock
Pula Surety Maturity
Clock sucker Accountancy Trojan
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Consultancy agreement WYSIWYG Sub modo
e-company Volens Confiscation order
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Stamp duty SaaS REDCENT

Term created / updated 2005-10-24 12:41:45

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