bank confirmation

  • 1Bank Confirmation Letter - BCL — A letter confirming that a line of credit has been secured from a financial institution or bank. The bank confirms that a person is eligible for a specified amount of borrowed funds to be used for a predetermined purpose. A bank confirmation… …

    Investment dictionary

  • 2bank confirmation — A request made by an auditor to a bank to confirm details of an audit client s bank accounts, together with any other assets held by the bank, and any other financial information …

    Accounting dictionary

  • 3confirmation — A technique used by an auditor to obtain third party evidence in support of information supplied by a client. For example, confirmation may be sought from a bank of balances held by a client (see bank confirmation). See also: circularization of… …

    Accounting dictionary

  • 4confirmation — con·fir·ma·tion /ˌkän fər mā shən/ n 1: the act or process of confirming, assuring, or upholding seeking confirmation of the agreement; specif: the ratification of an executive act by a legislative body senate confirmation of the Supreme Court… …

    Law dictionary

  • 5Confirmation — The written statement that follows any trade in the securities markets. Confirmation is issued immediately after a trade is executed. It spells out settlement date, terms, commission, etc. The New York Times Financial Glossary * * * confirm… …

    Financial and business terms

  • 6confirmation — The document used to state in writing the terms of a trade that were previously agreed to orally by the buyer and the seller. American Banker Glossary The written statement that follows any trade in the securities markets. Confirmation is issued… …

    Financial and business terms

  • 7confirmation letter — A written response to an auditor’s request to confirm the existence or value of an item. Examples of commonly requested confirmation letters include the *circularization by external auditors of an organization’s customers to confirm *accounts… …

    Auditor's dictionary

  • 8confirmation — /ˌkɒnfə meɪʃ(ə)n/ noun 1. the act of making certain ♦ confirmation of a booking the act of checking that a booking is certain 2. a document which confirms something ● She received confirmation from the bank that the deeds had been deposited …

    Marketing dictionary in english

  • 9ACLEDA Bank — Infobox Company company name = ACLEDA Bank Plc company vector company type = Private genre = foundation = Cambodia (1993) founder = location city = location country = location = Phnom Penh, Cambodia origins = key people = area served = Nationwide …

    Wikipedia

  • 10balance confirmation — bank account balance verification …

    English contemporary dictionary