Finance – Page 57 – Fincyclopedia

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Check

Or cheque in British English, a payment and credit-creating instrument that constitutes an order to pay money from a bank…

Non-Statutory Reserve

Any types of reserves that are created and allocated for a specified purpose but not established by a statutory or...

Paid-up Share Capital

A classification of share capital that represents the amount that is received from an entity's shareholders in exchange for the...

Overdraft Facility

A type of short term finance that is provided by a bank or financial institution to its customers (borrowers) seeking...

Revolving Finance

A type of short term finance that is provided by a bank or financial institution to its customers (borrowers) seeking...

Running Finance

A type of short term finance that is provided by a bank or financial institution to its customers (borrowers) seeking...

Callable Preferred Share

A preferred share that is subject to redemption. This hybrid preferred share may provide for the right of the issuer...

Current Asset

An asset that can be converted into cash or used to pay current liabilities within one year or during a…

Appreciation

The increase in the value of a financial or physical asset over its normal life-time or a specific period of…

Acceptance

A promise to pay which is made when the drawee of a time draft (bill of exchange) writes the word…