Glossary Bank deposits
Posted on Nov 25, 2000 08:15:27 AM
Bank – financial institution, an institution that produces various types of operations with money and securities and provides financial services to the government, businesses, citizens and each other.
Investment Bank – a specialized bank, carrying out the investment policy through the acquisition of shares in industrial corporations. Resources of the bank formed by the sale of treasury shares. Feature of investment banks is that they do not specialize in taking deposits.
Bank Mortgage – is a specialized commercial bank engaged in mortgage lending, ie, loans secured by real estate or to purchase real estate. Mortgage bank loans are long term.
Bank consumer credit – a bank, a special issue on consumer loans to individuals.
Savings Bank – a specialized bank, whose main activity consists in carrying out operations on reception (deposit) and the issuance of deposit, lending to households and citizens.
Bank deposits – deposits, the money made by the banks in the form of deposits, for which the bank pays interest.
Bank loans – cash loans to the bank for a specified period on terms of repayment and payment of loan interest.
ATM – a machine for issuing cash on your credit card within the limit specified for the card holder. Fits in large stores, train stations, on the streets. Throws money at identifying the owner of a plastic payment card through a computer network linked with the payment center bank.
Bankruptcy – debtor’s inability to pay its obligations to return the debts due to his lack of funds for payment. Firms Bankruptcy occurs most often in connection with the fact that for a long time, their expenses exceed revenues in the absence of power losses.
Currency – 1) currency of the country (national currency), used in this State.
Foreign currency accounts – bank accounts, which is the foreign currency of individuals and entities, public institutions. Through such accounts are used for calculations in the currency.
Payment – payment of a sum of money in the form of bank deposits, payments, fees for admission (entrance fee), participating in the organization (membership fees), payment of its share in the property acquisition (share of contribution).
Contributor – 1) a person who contributed, and 2) party limited partnership, responsible for the activities of the partnership only to the extent the amounts of their contributions.
Bearer deposit – deposits, which may use any person to produce a document certifying the investment.
bank, bank account, deposit, interest, loan, operation, vehicle,- Taxation of income on deposits deposits
- What is the deposit and savings banks in operation
- Glossary of credit terms
- Obtaining a debit card
- Types of bank cards