Tooltip Categories: Economics & Finance

banking system

As financial intermediaries, banks stand between depositors who supply capital and borrowers who demand capital. Given how much commerce and individual wealth rests on healthy

Leer más »

Banking With The Poors [BWTP]

Asian microfinance network that works towards building efficient, largescalesustainable organisations, through co-operation, training and capacity building with the aim of achieving innovative, appropriate and demand-driven

Leer más »

bankruptcy

Legal procedure for liquidating a business (or property owned by an individual) which cannot fully pay its debts out of its current assets. (source: http://www.businessdictionary.com/definition/bankruptcy.html)

Leer más »

barcode

A machine-readable arrangement of numbers and parallel lines of different widths printed on a package, which can be electronically scanned at a checkout to register

Leer más »

bare ownership

Ownership of a piece of property without the right to use and derive profit from that property; this right is held by the person with

Leer más »

bank statement

A summary of financial transactions which have occurred over a given period of time on a bank account held by a person or business with

Leer más »

bank transfer

An act of moving money from a bank account to another account (source: http://www.investorwords.com/8955/bank_transfer.html#ixzz2j7pAcqPF)

Leer más »

bank identifier code [BIC]

Standard approved by the International Organization for Standardization (ISO), used when transferring money between banks, particularly for international wire transfers, and also for the exchange

Leer más »

bank overdraft fee

Charge made by a bank when money is withdrawn from a bank account and the available balance goes below zero. (source: http://en.wikipedia.org/wiki/Overdraft)

Leer más »