Retention of title
A clause keeping ownership of goods until they are paid for.
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.
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500 terms, showing 381–390 (page 39 of 50).
A clause keeping ownership of goods until they are paid for.
Part of a payment held back until a job is signed off. Common in construction, and often never released.
What you got back compared with what you put in.
Also called Domestic reverse charge, VAT reverse charge
A VAT rule that moves the obligation to account for the tax from the supplier to the customer.
Handling returns. A cost centre that is also a retention opportunity.
What customers say about you in public, and the rules about it.
Expectations about contact outside working time.
Also called Right to work check, Illegal working
Checking that someone may legally work in the UK, before they start. A statutory duty with large civil penalties.
A written list of what could go wrong, how likely it is, how bad it would be, and who is doing something about it.
Also called Return on ad spend, ROI on advertising
Revenue produced per pound of advertising. Looks like profitability and is not.
If there is a word you have been nodding along to, tell us and we will write it up. This library exists because of the questions people were too polite to ask.
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