AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Era ey Leasing has

2nd June 1994, Page 20
2nd June 1994
Page 20
Page 20, 2nd June 1994 — Era ey Leasing has
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

produced a handy dictionary of Transport and Finance Terminology to demystify the jargon and acronymns that infest our industry.

Most readers will be familiar with GVVV, RO-RO, DOT, cabotage, bogie and so on. But not everyone will immediately recognise the meaning of Amortisation (payment of debt by making regular payments including interest on the capital owed and part of that capital); or Double-Dipping (the structuring of leases to take advantage of tax benefits on capital investment in more than one country). But judging by the inclusion of FIGV it looks as though it will be a long time, ii ever, before LGV, its unpopular replacement, becomes recognised by the compilers.