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In house |
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In houseA term used in banking which refers to settlement of payments between accounts both held at the same branch.In houseIn the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. Although a listed trade must be taken to the floor of the stock exchange, matching supply with demand within the confines of the firm results in higher commissions for the firm.In house Similar MatchesCommission houseCommission houseAnother term used to describe brokerage firms because they earn their living by charging commissions. Accepting houseAccepting houseAn organisation, usually a merchant bank, which accepts or guarantees bills of exchange. In house processing floatIn house processing floatThe time it takes the receiver of a check to process a payment and deposit it in a bank for collection. House callHouse callThe notification to a client by a brokerage house that more funds are required to bring a margin account balance up to the required level. House accountHouse accountA type of account at a brokerage firm that is given a high level of priority and is handled by the main office or an executive, rather than a traditional salesperson. Further SuggestionsClearinghouseClearing House Interbank Payments System (CHIPS) clearing house automated payment system Warehouse receipt London Clearing House Automated Clearing House (ACH) House of issue House Air Waybill (AWB) Block house Trade house Public warehouse clearing house Commission house Townhouse Recognised Clearing House Clearing house funds House poor Clearing House Automated Payments System (CHAPS) clearing house interbank payment system issuing house House finance house household insurance Bonded warehouse Clearing House Electronic Subregister System (CHESS) |
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