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Thursday, 5 November 2020

Discuss about banking terminology

 Acceptance: acceptance which is also known as the bankers acceptance is a signed instrument of acknowledgement that indicates to the approval and acceptance of all terms and condition of any agreement on behalf of the banquet. It is a very wide term that is used in contacts with financial agreement and contract.

Accepting house: accepting houses banking aur finance or organising that specialise in the service of acceptance and guarantee of bills of exchange first of this organisation specialise in two prominent functions coma this is felicitating the different log table instrument and merchant banking. Account balance:the total amount of money is a particular bank account along with the death of credit amount then that amount is also returned as the account balance.
Accrued interest:accrued interest is the interest, accumulated on an investment but is not get paid to stop of an accurate interest is also termed as interest receivable first option banking books refer to call it as the interest that is earned more but not yet paid.
Administered rates:Administered rates are the rates of interest which can be changed contractually by lender. In some cases these rates can also be changed by the depositor and also the baby. The laws and provisions as monitor the concept of administered rates differ in each jurisdiction. American despository receipt: American depositary receipt, also known as a r despacito received which are equal to a specific number of shares of business that have been issued in foreign country first of American states are treated only in the United State of America. Similar mechanism exist for other countries also.
Annuities:annuities are contracts that guarantee income or written in exchange of a huge sum of money that is deposited either at the same time for Speed with the help of periodic payments cost of some of the common types of duties include the default fixed immediate or variable variant. Automatic clearing house:automatic clearing house is nation-wide electronic cleaning clearing houses that monitors and administers the process of check and fund clearance between banks use of it is an electronic system and has minimises the human thus in a processor clearance. It distributes credit and debit balances automatically.
Automatic teller machine:automatic teller Machine service Akeli used to conduct transactions with the bank or electronically. The automated teller machine is an excellent example of integration of computers and electronics into the field of banking.
Balance transfer:balance transfer is a repayment of a credit debt with the help of another sources of credit in some cases, balance transfer also refers to transfer of funds from one account to another.Bank account:imran ke count is an account help by person with the bank with the help of which the account holder can deposit safeguard is money earn interest and also make mixture payments.

Bank rate:it is the interest rate of Central Bank in the discharge of its function as bankers Bank lands to the commercial banks constructions is this lending may be in the form of discounting of the securities pledged, it is also called the discount rate.
Bridge financing:also known as a financing commerce which currency is unknown at the time and cash flow between a short term loan and long term loan is filled up.English financing begins at the end of the time period of the first loan and ends with the start of the time period of a second are there by bridge the gap between two loans it is also known as gap financing.
Bounce cheque:amount check is nothing but an ordinary venture that any bank and refers to encashon page because of the fact that there are no sufficient finances in the bank account of the originator on draw of the chair for same are the valid reason.

Cap:a cap is a limited regulatory increase or decrease in the rate of interest and installment of an adjustable rate mortgage.

Cash reserve:the cash reserve is the total amount of cash that is present in the bank account and can also be withdrawn immediately.

Certificate of deposit:the certificate of deposit is a certificate of savings deposit that from the depositor the some back a loan with appropriate interest.

Clearing house:the clearing house is a place where the representatives of the different banks need for confirming and clearing all the checks and balances with each other first of the clearinghouse, in most countries across the world, is managed by the central bank.

Letter of credit:a document issued by bank on behalf of the buyer or time Potter starting its commitment to pay a third party seller on the porter a specific amount for the purchase of goods by its customers who is by. The seller has to meet the condition given in the document submit and the delivery documents,in order to receive the payments. Letter of credit are mainly used in the international trade transactions of use amounts kamaveri in the customers and the supplier leave in different countries.

Market value:market value is a value at which the demand of consumers and the supply of the manufactures decide the price of a commodity or service cost of the market value is the equilibrium point on the supply and demand graph of demand and supply curves meet. Market value is decide on the basis of of the number of people who demand a commodity and the number of commodities that the seller's capable of selling.

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