Escrow and retention on a sale
Part of the price held back to cover warranty claims.
Business A to Z
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. Five hundred of them, in plain English.
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.
28 terms filed under E, showing 21–28 (page 3 of 3).
E
ESG and sustainability reporting
Environmental, social and governance performance, and the growing obligation to report it.
Escalation and exit clause
Also called Termination clause, Notice period, Break clause
How a contract ends. Worth reading before you sign, because it is read at the point when everybody is already unhappy.
Exit interviews
Asking people why they are leaving. Useful if somebody acts on the answers.
Exiting a joint venture
Getting out of a partnership arrangement. Plan it at the start.
Expenses policy
What staff can claim, and how. Prevents both overspending and awkward conversations.
Export licence
Permission required to export controlled goods, technology or software.
Exporting
Selling outside the UK, and the paperwork that comes with it.
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