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bankingglossary.bankingonly.com
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Definitions (2786)
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accounts receivable
Money owed to a concern by purchasers of goods and/or service s provided on credit. Source: bankingglossary.bankingonly.com (offline)
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accout payee cossing
It is not mentioned in N I Act but the essential feature of a n account payee crossing of cheque is the word " Account Payee" or "Account Payee only". Two parellel transverse lines may or may not be there. Source: bankingglossary.bankingonly.com (offline)
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accrual basis income recognition
Where interest once due recognised as income. It is not requi red to realised actually.Here account is debited with interest amount and recognised the same as income. Source: bankingglossary.bankingonly.com (offline)
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accrued interest
Earned interest amount but not yet received. Source: bankingglossary.bankingonly.com (offline)
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acf
Auto-Correlation Function Source: bankingglossary.bankingonly.com (offline)
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ach
Automated Clearing Houses Source: bankingglossary.bankingonly.com (offline)
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aclf
Additional Collateralised Lending Facility Source: bankingglossary.bankingonly.com (offline)
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acquirer
Acquirers are banks and financial institutions that collabora te with businesses to accept credit card sales. Source: bankingglossary.bankingonly.com (offline)
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acquisition
The getting right of control in a concern by purchasing the r equired shares. Source: bankingglossary.bankingonly.com (offline)
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acrs
Accelerated Cost Recovery System Source: bankingglossary.bankingonly.com (offline)
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