| Jargon | Description |
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Prepaid card
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A payment card where an amount of money is loaded onto it before it is used. The card can be used to buy goods and services, or may allow you to withdraw cash from cash machines. Charges may be applied for various services. Some prepaid cards can be reloaded.
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Proof of Debt
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The document submitted in an insolvency by a creditor to establish a creditors claim. This may be informal (by letter) or in a prescribed form for bankruptcy and compulsory liquidations.
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