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Accepting house
Accepting houseAn organization, usually a merchant bank, which accepts or guarantees bills of exchange. RELATED TERMS-------------------------------------- Merchant Person who buys (and takes possession of) goods, and sells them on his or her own account. Bank A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals. Exchange A marketplace in which shares, options and futures on stocks, bonds, commodities, and indexes are traded. SIMILAR TERMS-------------------------------------- Accelerated cost recovery system (ACRS) Schedule of depreciation rates allowed for tax purposes. Accelerated depreciation Is an accounting technique which provides larger than straight-line depreciation amounts in the early years and smaller than straight-line depreciation amounts in the later years. Acceleration clause A contract stating that the unpaid balance becomes due and payable if specific actions transpire. ACCENT Resources NL ACCENT Resources NL is a large Australian company in the field of materials. Their Australian Stock Exchange (ASX) code is ACS. Accenture Accenture is a top Bermuda corporation in the field of software and services, and its estimated market value is 24 0 million US dollars. Acceptance The writing of the word 'accepted' on the face of a bill of exchange by the drawee together with his/her signature indicating that the bill will be paid when due. ACCESS ACCESS is a credit union with head office in CLINTON, NY Access A former credit card system which was sold to Mastercard and discontinued. ACCESS FIRST ACCESS FIRST is a credit union with head office in MATTAWAN, MI ACCESS PROVIDERS Ltd ACCESS PROVIDERS Ltd is a large Australian company in the field of telecommunication services. Their Australian Stock Exchange (ASX) code is APV. PREVIOUS AND NEXT TERMS-------------------------------------- ACATS Is the Automated Customer Account Transfer Service. Accelerated cost recovery system (ACRS) Schedule of depreciation rates allowed for tax purposes. Accelerated depreciation Is an accounting technique which provides larger than straight-line depreciation amounts in the early years and smaller than straight-line depreciation amounts in the later years. Acceleration clause A contract stating that the unpaid balance becomes due and payable if specific actions transpire. Acceptance The writing of the word 'accepted' on the face of a bill of exchange by the drawee together with his/her signature indicating that the bill will be paid when due. Accepting house Access A former credit card system which was sold to Mastercard and discontinued. Accident insurance Insurance which pays benefits in the event of an accident. Items typically covered are medical expenses and loss of earnings. Accidental death insurance Insurance which pays a lump sum in the event of death of the insured being caused by an accident. Accommodative monetary policy Federal Reserve System policy to increase the amount of money available to banks for lending. Account 1) In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented. 2) In the context of investment banking, refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate. 3) In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent. We thank you for using the Financial Dictionary to search for Accepting house. If you have a better definition for Accepting house than the one presented here, please let us know by making use of the suggest a term option. This definition of Accepting house may be disputed by other professionals. Our attempt is to provide easy definitions on Accepting house and any other medical topic for the public at large.
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