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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Boil the ocean Duopsony Consumption Goods
Afghani Lobbyist EBITDA
Creative Commons Bona fide Commission
Refund Book value KPI
UK Petitioner Ipso facto
Consignee Political equity Pataca
Administratrix Notice board terms of use Lifo
Shrinkage Cost Unit Per diem
Merchant Bank In company Training Drawings
Virement Insider report Loan Agreement
Backpay POS Buy back
Conditional Sale Furlough Oxygen-move
Equity Line Profit Center Amortisation

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

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