Definition

Inter corporate deposits

Inter Corporate Deposits is to deposit another company not more than one month on 12% to 15% interest.It is easy to convert cash but having more risk.

According to Khan and Jain, “Inter corporate deposits, that, is short term deposits, with others companies.”

Share it:  Cite

More from this Section

  • Operating risk
    Operating risk is the danger of loss due to fluctuating earnings and cash flows from a ...
  • Ordinary life insurance
    Ordinary life insurance is a type of whole life insurance providing protection throughout ...
  • Boatowners package policy
    Boatowners package policy is a special package policy for boat owners that combines physical ...
  • AQIS
    AQIS is an acronym of Australian Quarantine and Inspection Service ...
  • Aggregate deductible
    Deductible in some property and health insurance contracts in which all covered losses ...