Proposal and quotation
The document that asks for the business. A contract in waiting.
Every trade has words it uses without explaining. In business the cost of not knowing one is real: some of them are ordinary jargon and some of them are a decision that can take a house.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
Studying business? We write GCSE revision songs, and there is one for business studies. Listen to the revision playlist.
46 terms filed under P, showing 41–46 (page 5 of 5).
The document that asks for the business. A contract in waiting.
Also called Person with significant control, Beneficial owner
Anyone who ultimately owns or controls a company, recorded on a public register.
Cover for injury or damage caused to third parties.
Earned coverage rather than paid. Slower, cheaper and more credible.
The record of what you owe suppliers, and the controls around paying it.
A customer's formal instruction to supply. Often the thing that makes an invoice payable.
Have a look round the demo, start a free trial with your own service in it, or ask us the awkward question first. Whichever you pick, the people who answer are the people who built it.
Your own organisation, every area switched on, no card and nothing to install. Add your team, your people and your records. If it is not for you, it just stops.
The real suite with a fictional service already inside it. A throwaway login, no form, and everything you touch is wiped when you leave.
Tell us who you support and what is going wrong at the moment. We will say honestly whether we solve it, and if we do not, who does.
Accessibility toolkit
Done