Business Terms and Jargon Explained

What is Bank Statements

This is a statement from the bank showing details of all transactions that occurred in a bank account for a period. Bank statements are issued monthly or three monthly and can be requested via the bank for any period of time. You can also get a statement via an ATM. It starts with an opening balance, followed by all the transactions and charges, and then it ends with the closing balance.

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Advertising Standards Authority Waiver Venire
Recycle Blind Testing Uno flatu
Outward Processing Relief Factum Quantum
Optimist Vexatious Litigant Tariff Quotas
BIS Conditional discharge Deed of assignment
Variable Rate Loan Payout Period TQ
Bluetooth The Bar Give as you earn (GAYE)
Gross Blocked Input Tax Tender
INGO Alternate bid Karat
Windfall Profit Council conclusions - EU Usufruct
Joint Account Spoofing Subtenant
Vacate KITING Net Assets
Accountability Compensation order Risk

Term created / updated 2009-07-23 13:37:46

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