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You are looking at 41-60 of 11,104 items for:

Overview x Economics x clear all

accepting house

Overview page. Subjects: Financial Institutions and Services.

An institution specializing in accepting or guaranteeing bills of exchange. A service fee is charged for guaranteeing payment, enabling the bill to be discounted at preferential rates on...

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Accepting Houses Committee

Overview page. Subjects: Financial Institutions and Services.

A committee representing the main accepting houses in the City of London. Members of the committee are eligible for finer discounts on bills bought by the Bank of England, although this...

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acceptor

Overview page. Subjects: Financial Institutions and Services.

The drawee of a bill of exchange after acceptance of the bill, i.e. the acceptor has accepted liability by signing the face of the bill.

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accession countries

Overview page. Subjects: Economics.

Countries applying to join the European Union (EU). The countries that are currently linked with future membership are Croatia, Bosnia, the Republic of Macedonia, Turkey, Montenegro,...

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accommodation bill

Overview page. Subjects: Economics.

A bill of exchange signed by a person (the accommodation party) who acts as a guarantor. The accommodation party is liable for the bill should the acceptor fail to pay at maturity....

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accommodation endorser

Overview page. Subjects: Financial Institutions and Services.

A person or a bank that endorses a loan to another party; for example, a parent company may endorse a bank loan to a subsidiary. The endorser becomes a guarantor and is secondarily liable...

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accommodatory monetary policy

Overview page. Subjects: Economics.

A policy of allowing the supply of money to expand in line with the demand for it. If the demand for money rises because of sustainable real growth in the economy, accommodatory monetary...

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accord de place

Overview page. Subjects: Economics.

(French).

Memorandum of understanding.

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accordion swap

Overview page. Subjects: Economics.

Another name for a concertina swap.

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account

Overview page. Subjects: Economics.

(Equities; UK).

The name given to the London Stock Exchange old method of settlement based on a number of accounting periods for the settlement of transactions. The year was...

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account

Overview page. Subjects: Financial Institutions and Services.

1 A statement of indebtedness from one person to another; an invoice. A provider of professional services or of goods may render an account to a client or customer. A solicitor...

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account

Overview page. Subjects: Economics.

1 A balance held with a financial institution to facilitate transactions, such as a bank account or securities account. The account may allow the beneficiary to transact...

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account day

Overview page. Subjects: Financial Institutions and Services.

Formerly, the day on which all transactions made during the previous account on the London Stock Exchange were settled. Since the account system was abandoned in 1996, transactions have to...

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account executive

Overview page. Subjects: Economics — Business and Management.

The person in an advertising, marketing, or public-relations agency responsible for implementing a client's business. This involves carrying out the programme agreed between the agency and...

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account payee only

Overview page. Subjects: Financial Institutions and Services — Accounting.

Words printed between two vertical lines in the centre of a UK cheque that, in accordance with the Cheque Act 1992, make the cheque non-transferable. This is to avoid cheques being endorsed...

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account reconciliation

Overview page. Subjects: Financial Institutions and Services — Accounting.

1 A procedure for confirming that the balance in a chequebook matches the corresponding bank statement. This is normally done by preparing a bank reconciliation statement.

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account trading

Overview page. Subjects: Economics.

(UK).

Former facility available for transactions on the London Stock Exchange due to the account method of settlement that allowed trading within an account without the need to...

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accountability

Overview page. Subjects: Financial Institutions and Services — Accounting.

An obligation to give an account. For limited companies, it is assumed that the directors of the company are accountable to the shareholders and that this responsibility is discharged, in...

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accountant

Overview page. Subjects: Financial Institutions and Services — Accounting.

A person who has passed the accountancy examinations of one of the recognized accountancy bodies and completed the required work experience. Each of the bodies varies in the way they train...

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accounting concepts

Overview page. Subjects: Financial Institutions and Services — Accounting.

The basic theoretical ideas devised to support the activity of accounting. As accounting developed largely from a practical base, it has been argued that it lacks a theoretical framework....

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