An abbreviation for negotiable order of withdrawal account; an interest bearing checking account. It is a type of transaction accounts...

Broadly, clubbing involves putting two accounts, or more, together in a major account for a more structured reporting. For example,...

A cost that is actually borne by a business rather than passed on to its customers. Therefore, it is typically...

A sale transaction where the goods are shipped and delivered, while payment is deferred for a future date, which is...

It stands for zero-balance account; a checking account (current account) that requires no balance. Rather, it is designed to help...

A checking account (current account) that requires no balance. Rather, it is designed to help companies control and manage their...

It stands for zero-balance account; a corporate checking account in which a zero balance is maintained. Differently put, this constitutes...

A corporate checking account in which a zero balance is maintained. Differently put, this constitutes a disbursement account that always...

An account that is established by a lender or an intermediary bank to hold separate funds for the purpose of...

A brokerage account whose holder is required to immediately make cash payments on purchases and deliveries on sales of securities,...