Account Party


 

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Account Party

Party who applies to open a bank for the issuance of a letter of credit.



Account Party

Similar Matches

Accounting liquidity

Accounting liquidity

The ease and quickness with which assets can be converted to cash.


Flexible mortgage account

Flexible mortgage account

A combined mortgage and current account. Any savings each month earn the mortgage rate, which is a relatively high and tax-free rate of return.


Capital account

Capital account

1. (Current definition) Since sometime in the 1990s, "capital account" refers to a minor component of international transactions, involving unilateral transfers of ownership of property. The common definition, below, describes what is now called the financial account. 2. (Common definition) A country's international transactions arising from changes in holdings of real and financial capital assets (but not income on them, which is in the current account). Includes FDI, plus changes in private and official holdings of stocks, bonds, loans, bank accounts, and currencies. 3. (Bretton-Woods definition) Same as common definition except excluding official reserve transactions. This definition was used under the Bretton Woods System of pegged exchange rates, but is less meaningful under floating exchange rates.


Revenue account

Revenue account

An investment trust term referring to analysis of investment income. This details whether income is franked or unfranked and whether the source of income is from UK investments, overseas or unlisted securities.


Active account

Active account

Refers to a brokerage account in which many transactions occur. Brokerage firms may levy a fee if an account generates an inadequate level of activity.


Further Suggestions

Current account deficit
Account Ad Valorem Duty
Tax and loan account
Joint account
nominal account
current cost accounting
Accounts payable
Sweep account
Account Management Profile System
sweeper account
Accounting Standards Board
Current account balance
House account
Balance on capital account
Money market demand account (MMDA)
Account statement
joint account
Inflation accounting
accounts receivable
Accounting earnings
Cumulative Translation Adjustment (CTA) account
Replacement cost accounting
statement of account
Option account
savings account


 
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