Nouns denoting possession and transfer of possession

seed money
capital needed to set up a new business or enterprise
 
proportional tax
any tax in which the rate is constant as the amount subject to taxation increases
 
commercial letter of credit
a letter of credit given to a business concern for commercial purposes
 
gross revenue
income (at invoice values) received for goods and services over some given period of time
 
general lien
a lien on all the property owned by a debtor and not just a specific property
 
immediate payment
prompt payment for goods or services in currency or by check
 
adjusting entry
an accounting entry made at the end of an accounting period to allocate items between accounting periods
 
fee
an interest in land capable of being inherited
 
blank cheque
a check that has been signed but with the amount payable left blank
 
gold standard
a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
 
bestowal
a gift that is bestowed or conferred
 
legal fee
a fee paid for legal service
 
cash surrender value
the amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured
 
VAT
a tax levied on the difference between a commodity's price before taxes and its cost of production
 
hush money
a bribe paid to someone to insure that something is kept secret
 
nickel
five dollars worth of a drug
 
fivepence
a coin worth five cents
 
belongings
something owned; any tangible or intangible possession that is owned by someone
 
pawn ticket
a pawnbroker's receipt for articles taken as security
 
pension
a regular payment to a person that is intended to allow them to subsist without working
 
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