Business Terms and Jargon Explained

What is Money Deposit

This is an account for cash. Banks and other financial institutions hold these accounts where interest is paid on a regular basis. The rate of interest can be variable to market conditions or can be a fixed rate. Interest can be paid daily, weekly, monthly or yearly. There may be conditions on withdrawal, where there may be a limit or a notice period.

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Voluntary Liquidation Optimist WERS
Tenant Pro Rata Net Book Value
Equity Rates Past Service Functional Fexibility
NGO Abbreviated Accounts Surety
Autoregressive Ombudsman Nanotechnology
Purchasing economies Business Entertainment Privilege
Paanga Public company or public limited company PES
INGO Period Entry Manufacturing cell
Offshore AGM Business case
Assurance POS Compensation order
Tax Accounting Writ of Execution CAFCASS
Kina Critical Success Factors Bancassurance
Current Assets Non-Resident Blowfish

Term created / updated 2006-05-20 09:44:53

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