to pay cash on demand

  • 111Business Overview — ▪ 2009 Introduction Automobiles.       The American automotive industry began 2008 in precarious condition, and as the year unfolded, the situation went from bad to worse. First, gasoline prices of $3.50 to $4 per gallon throughout much of the… …

    Universalium

  • 112United States Treasury security — A United States Treasury security is government debt issued by the United States Department of the Treasury through the Bureau of the Public Debt. Treasury securities are the debt financing instruments of the United States federal government, and …

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  • 113market — Usually refers to the equity market. The market went down today means that the value of the stock market dropped that day. Bloomberg Financial Dictionary * * * ▪ I. market mar‧ket 1 [ˈmɑːkt ǁ ˈmɑːr ] noun 1. [countable] COMMERCE the activity of… …

    Financial and business terms

  • 114Income trust — An income trust is an investment trust that holds income producing assets. The term also designates a legal entity, capital structure and ownership vehicle for certain assets or businesses. Its shares or trust units are traded on securities… …

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  • 115Austria — Austrian, adj., n. /aw stree euh/, n. a republic in central Europe. 8,054,078; 32,381 sq. mi. (83,865 sq. km). Cap.: Vienna. German, Österreich. * * * Austria Introduction Austria Background: Once the center of power for the large Austro… …

    Universalium

  • 116Sweden — /sweed n/, n. a kingdom in N Europe, in the E part of the Scandinavian Peninsula. 8,946,193; 173,732 sq. mi. (449,964 sq. km). Cap.: Stockholm. Swedish, Sverige. * * * Sweden Introduction Sweden Background: A military power during the 17th… …

    Universalium

  • 117Diamond–Dybvig model — A 2007 run on an English bank The Diamond–Dybvig model is an influential model of bank runs and related financial crises. The model shows how banks mix of illiquid assets (such as business or mortgage loans) and liquid liabilities (deposits which …

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  • 118Money market fund — This article is about the type of mutual fund. For the type of bank deposit account, see Money market account. A money market fund (also known as money market mutual fund) is an open ended mutual fund that invests in short term debt securities… …

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  • 119Subsidy — In economics, a subsidy (also known as a subvention) is a form of financial assistance paid to a business or economic sector. A subsidy can be used to support businesses that might otherwise fail, or to encourage activities that would otherwise… …

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  • 120Tip — A tip (also called a gratuity) is a payment made to certain service sector workers in addition to the advertised price of the transaction. The amount of a tip is typically calculated as a percentage of the transaction value before applicable… …

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