A service initiated by banks, generaly to distinguish between checks that are fraudulent as wel las those who present them. Before the funds are issued, any mismatches are informed to the issuer

A strategy commonly adopted for marketing purposes, in which a brand tries to occupy a distinguished position as compared to other brands, in the customer’s thoughts. Companies adopt a variety of different

A careful examination of different elements of the products of a company, which are used to determine the best possible allocation of the resources of the company. Secondly, in terms of securities,

Compensation or extra funds that are allocated to a person’s account for the services they rendered to any institution or organization, once they have stopped working.

An office built to dispatch and receive letters from any national or international location. On a general note, most post offices are regulated, finances and maintained by the federal government.

Any case in which the borrower might default on their payments in the future. The term can be used to refer to a borrower who has a higher probability of defaulting.

The primary language set out by Adobe, known as the Page Description Language, which is used to map images, text and different kinds of animations on a computer’s screen. It can also

The total amount of money which needs to be paid to any contracting party that fails to perform to the injured, or aggrieved party.

When a firm is valued after a sale and when new shares are issued, it is called post money valuation. Generally taken by multiplying the total amount of outstanding shares with the

The amount of chance of an occurring event, which generally changes with the happening of new events. The posterior probabilty is commonly applied in finance in order to predict the fall or

A small term in the code of accounting, generally linked to an item within the ledger that provides important information relating to the post, such as the type of account or transaction.

A certified document which is required to check whether the insured party needs to go to the hospital or not.

Coming at a conclusion, or taking action after careful pondering.

Legislature that consists of guidelines, statutes and codes which are imposed upon a country. It is dissimilar to natural law.

To perform an act as rapidly as possible.

Examination or measurement of any overhead, which has passed through the phase of manufacturing.

Negotiations and discussions carried out between the contractor and the client, before the tender has been awarded. Generally done in order to get a lower price rate.

Any buyer who has a positive credit rating can be pre approved before they go home shopping. The lender generally checks the credit history before determining whether a loan should be granted

Preparatory advice that is given about a credit letter, usually given to the issuing bank from the advising bank, when time is of the essence. It is also referred to as the

The antonym of ante date, ‘post date’ is any date that lies in the future.