cash letter of credit
41Staff grade — Types of staff in a bank include: • Accounts department. • Accounts department management. • Assistant branch manager. • Automation department management. • Automation. • Bills department management. • Bills department. • Branch administration… …
42Collaterals — Assets pledged by a borrower that will be given up if the loan is not paid. Collateral is normally classified in order to simplify risk management and reporting. Collateral categories are groups of logically related collateral. E.g. Pledged… …
43BANKING AND BANKERS — Antiquity There is little likelihood that financial transactions played a prominent role in the pre Exilic epoch in Ereẓ Israel; according to the ethos of Jewish society, then founded on a pronounced agrarian structure, lending was part of the… …
44securitization — The process and the result of pooling financial assets together and issuing liability and equity obligations backed by the resulting pool of assets to convert those assets into marketable securities. The underlying assets are usually, but always …
45Commercial bank — After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate… …
46Colorado Labor Wars — Colorado s most significant battles between labor and capital occurred primarily between miners and mine operators. In these battles the state government, with one clear exception, always took the side of the mine operators. Additional… …
47Zahlungsbedingung — Als Zahlungsbedingungen (auch Zahlungskonditionen oder Zahlungsmodalitäten, engl. terms of payment) werden die Bedingungen bezeichnet, mit denen eine Rechnung zu begleichen ist. Sie sind Bestandteil des dazu gehörenden Kaufvertrages und werden je …
48Zahlungskondition — Als Zahlungsbedingungen (oder Zahlungskonditionen, engl. terms of payment) werden die Bedingungen bezeichnet, mit denen eine Rechnung zu begleichen ist. Sie sind Bestandteil des dazu gehörenden Kaufvertrages und werden je nach Marktmacht vom… …
49Air waybill — (AWB) or air consignment note refers to a receipt issued by an international courier company for goods and an evidence of the contract of carriage, but it is not a document of title to the goods. Hence, the AWB is non negotiable.The AWB has a… …
50Accounts receivable — (A/R) is one of a series of accounting transactions dealing with the billing of customers who owe money to a person, company or organization for goods and services that have been provided to the customer. In most business entities this is… …
