![]() |
||||||||||||||||
|
||||||||||||||||
|
Account reconciliation
Account reconciliationThe reviewing and adjusting of the balance in a personal checkbook to match your bank statement. RELATED TERMS-------------------------------------- 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. Statement A document listing amounts of money owing or owed. SIMILAR TERMS-------------------------------------- ACCO PRINCETON ACCO PRINCETON is a credit union with head office in PRINCETON, NJ ACCO YORK ACCO YORK is a credit union with head office in YORK, PA Accommodative monetary policy Federal Reserve System policy to increase the amount of money available to banks for lending. Accor Accor is a top French corporation in the field of hotels, restaurants and leisure, and its estimated market value is 9,710 million US dollars. Accord Financial Accord Financial is one of Canada's largest companies. 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. Account ad valorem duty An imported merchandise tax expressed as a percentage. Account balance Credits minus debits at the end of a reporting period. Account executive Is the party who acts as an agent for his customer. Also known as an Associated Person (AP), Investment Executive (IE), Registered Representative (RR), Registered Customer Support Person or Securities Salesman. Account party Party who applies to open a bank for the issuance of a letter of credit. Account payee Also 'account payee only'. Words written on the face of a cheque between two parallel diagonal lines to ensure that the cheque may only be paid into an account in the name of the payee, that is the person to whom the cheque is made payable. Account sale A statement by a commodity broker to a client when a futures transaction is closed out. Sometimes referred to as a P&S (Purchase and Sale Statement). Account statement 1) In the context of banking, refers to a summary of all balances. 2) In the context of securities, a summary of all transactions and positions (long and short) between a broker/dealer and a client. Accountant's opinion A signed statement from an independent public accountant after examination of a firm's records and accounts. The opinion may be unqualified or qualified. Accountants (London Stock Exchange) They are the ?gatekeepers? of the public securities markets. Accountants ensure that the financial statements are correct and complete and give an accurate picture of the company. Accounting earnings Earnings of a firm as reported on its income statement. Accounting exposure The change in the value of a firm's foreign currency-denominated accounts due to a change in exchange rates. Accounting insolvency Total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books. Accounting liquidity The ease and quickness with which assets can be converted to cash. Accounting reference date The date to which accounts are made up for a company. Accounting Standards Board UK body that sets accounting standards. A subsidiary body of the Financial Reporting Council. Accounts payable Amounts owed by an organization or individual to another for goods or services it has received. Accounts receivable Amounts due to an organization or individual from another for goods or services it has supplied. Accounts receivable financing A short-term financing method in which accounts receivable are collateral for cash advances. Accounts receivable turnover The ratio of net credit sales to average accounts receivable, which is a measure of how quickly customers pay their bills. PREVIOUS AND NEXT TERMS-------------------------------------- Account ad valorem duty An imported merchandise tax expressed as a percentage. Account balance Credits minus debits at the end of a reporting period. Account executive Is the party who acts as an agent for his customer. Also known as an Associated Person (AP), Investment Executive (IE), Registered Representative (RR), Registered Customer Support Person or Securities Salesman. Account party Party who applies to open a bank for the issuance of a letter of credit. Account payee Also 'account payee only'. Words written on the face of a cheque between two parallel diagonal lines to ensure that the cheque may only be paid into an account in the name of the payee, that is the person to whom the cheque is made payable. Account reconciliation Account sale A statement by a commodity broker to a client when a futures transaction is closed out. Sometimes referred to as a P&S (Purchase and Sale Statement). Account statement 1) In the context of banking, refers to a summary of all balances. 2) In the context of securities, a summary of all transactions and positions (long and short) between a broker/dealer and a client. Accountant's opinion A signed statement from an independent public accountant after examination of a firm's records and accounts. The opinion may be unqualified or qualified. Accounting earnings Earnings of a firm as reported on its income statement. Accounting exposure The change in the value of a firm's foreign currency-denominated accounts due to a change in exchange rates. We thank you for using the Financial Dictionary to search for Account reconciliation. If you have a better definition for Account reconciliation than the one presented here, please let us know by making use of the suggest a term option. This definition of Account reconciliation may be disputed by other professionals. Our attempt is to provide easy definitions on Account reconciliation and any other medical topic for the public at large.
|
|||||||||||||||
| © Financial Dictionary 2005. All rights reserved. | ||||||||||||||||
| accountreconciliation / ccount reconciliation / acount reconciliation / acount reconciliation / accunt reconciliation / accont reconciliation / accout reconciliation / accoun reconciliation / accountreconciliation / account econciliation / account rconciliation / account reonciliation / account recnciliation / account recociliation / account reconiliation / account reconcliation / account reconciiation / account reconcilation / account reconcilition / account reconciliaion / account reconciliaton / account reconciliatin / account reconciliatio / aaccount reconciliation / acccount reconciliation / acccount reconciliation / accoount reconciliation / accouunt reconciliation / accounnt reconciliation / accountt reconciliation / account reconciliation / account rreconciliation / account reeconciliation / account recconciliation / account recoonciliation / account reconnciliation / account reconcciliation / account reconciiliation / account reconcilliation / account reconciliiation / account reconciliaation / account reconciliattion / account reconciliatiion / account reconciliatioon / account reconciliationn / qccount reconciliation / wccount reconciliation / sccount reconciliation / xccount reconciliation / zccount reconciliation / axcount reconciliation / ascount reconciliation / adcount reconciliation / afcount reconciliation / avcount reconciliation / a count reconciliation / acxount reconciliation / acsount reconciliation / acdount reconciliation / acfount reconciliation / acvount reconciliation / ac ount reconciliation / acc9unt reconciliation / acc0unt reconciliation / accpunt reconciliation / acclunt reconciliation / acckunt reconciliation / acciunt reconciliation / acc8unt reconciliation / acco7nt reconciliation / acco8nt reconciliation / accoint reconciliation / accoknt reconciliation / accojnt reconciliation / accohnt reconciliation / accoynt reconciliation / acco6nt reconciliation / accoubt reconciliation / accouht reconciliation / accoujt reconciliation / accoumt reconciliation / accou t reconciliation / accoun5 reconciliation / accoun6 reconciliation / accouny reconciliation / accounh reconciliation / accoung reconciliation / accounf reconciliation / accounr reconciliation / accoun4 reconciliation / account 4econciliation / account 5econciliation / account teconciliation / account geconciliation / account feconciliation / account deconciliation / account eeconciliation / account 3econciliation / account r3conciliation / account r4conciliation / account rrconciliation / account rfconciliation / account rdconciliation / account rsconciliation / account rwconciliation / account rexonciliation / account resonciliation / account redonciliation / account refonciliation / account revonciliation / account re onciliation / account rec9nciliation / account rec0nciliation / account recpnciliation / account reclnciliation / account recknciliation / account recinciliation / account rec8nciliation / account recobciliation / account recohciliation / account recojciliation / account recomciliation / account reco ciliation / account reconxiliation / account reconsiliation / account recondiliation / account reconfiliation / account reconviliation / account recon iliation / account reconcliation / account reconcioiation / account reconcipiation / account reconci;iation / account reconci.iation / account reconci,iation / account reconcikiation / account reconciiiation / account reconcilation / account reconciliqtion / account reconciliwtion / account reconcilistion / account reconcilixtion / account reconciliztion / account reconcilia5ion / account reconcilia6ion / account reconciliayion / account reconciliahion / account reconciliagion / account reconciliafion / account reconciliarion / account reconcilia4ion / account reconciliaton / account reconciliati9n / account reconciliati0n / account reconciliatipn / account reconciliatiln / account reconciliatikn / account reconciliatiin / account reconciliati8n / account reconciliatiob / account reconciliatioh / account reconciliatioj / account reconciliatiom / account reconciliatio / | ||||||||||||||||