DAYLIGHT OVERDRAFT
An intraday LOAN created when a BANK transfers funds in excess of its balance held in a reserve account with the CENTRAL BANK. Overdrafts may also occur in the accounts of interbank
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An intraday LOAN created when a BANK transfers funds in excess of its balance held in a reserve account with the CENTRAL BANK. Overdrafts may also occur in the accounts of interbank
A party that is appointed as director with the firm’s articles. They have consent to hold office and have full rights. They are responsible for the acts they do.
A bank that underwrites and trades in bonds and debt securites. These are issued by the government, municipalities, or corporate entities.
Giving a summary of a condition on the situation to the parties involved.
The leverage a firm has for repaying debts. It shows capital from trade creditors and lenders. AKA leverage ratio and gearing ratio.
The linear density of yarn or filament. It is 1/10th of tex or 9/10th of a denier.
When a degradable material is broken down into simpler parts by a natural process.
A limit written on a deed to restrict control, occupancy or property use.
When a bank finaces a letter of credit they issued. It pays a beneficiary when documents but doesn’t charge until a future date. It gives time to resell goods.
1.When the economy is in a downturn due to governmental policy. The wages go down, less credit is available, less imports come in due to demand, and the citizens money is increased
The independent units of information in a sample that estimate parameters on statistics.
A rule in life insurance concerning payout of death benefits. It occurs when the beneficiary is dead and other listed must be paid.
The selling price plus charges up to delivery as decided by buyer or seller.
The factors in the market that a demographic has. An organization is affected by this and targets certain groups.
Dual Employed No Kids. Married couples that are employed but have no kids. AKA Dink. Refer to DEWK.
An organization that is a central depository for securities. Firms that are members can make transfers electronically.
Anything that shows how things work. It may also answer a question. It may also describe how things should work.
Using software on high resolution printers to make commercial materials. It is used in specialized situations or short runs. Refer to demand printing.
When all parameters and variables are computerized and replenishment is done on demand. Refer to probailistic inventory control.
Authorization to change a requirement of an item or time.