Cheque is a written order on a bank instrument for payment of a certain amount of money.
More from this Section
Rollover is the extension of a maturing foreign exchange transaction or the extension of a maturing currency deposit/loan.
- Systems Analysts
These highly trained computer specialists work with officers and staff in all department of a bank, translating their production...
- Accounts receivable turnover
Accounts receivable turnover is the ratio of net credit sales to average accounts receivable, which is a measure of how quickly customers pay their bills.
- Working capital
All the short-term assets (like cash),marketable securities,receivables and inventory of a firm which are used in daily operations,is defined as Working Capital.
- Readjustment period
Readjustment period is one- to two-year period immediately following the breadwinner’s death during which time the family should receive
- Insurance Services Office (ISO)
Insurance Services Office (ISO) is a major rating organization in property and casualty insurance that drafts policy forms for personal
- Policy loan
Policy loan is a cash value of a life insurance policy that can be borrowed by the policyholder in lieu of surrendering the policy.