In house


 

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In house

A term used in banking which refers to settlement of payments between accounts both held at the same branch.

In house

In 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 Matches

Clearing House Automated Payments System (CHAPS)

Clearing House Automated Payments System (CHAPS)

A computerized clearing system for sterling funds that began operations in 1984. It includes 14 member banks, nearly 450 participating banks, and is one of the clearing companies within the structure of the Association for Payment Clearing Services (APACS).


Public warehouse

Public warehouse

Storage facility operated by an independent warehouse company on its own premises.


House call

House call

The notification to a client by a brokerage house that more funds are required to bring a margin account balance up to the required level.


Townhouse

Townhouse

Originally a house in a city as opposed to a country estate. More recently the term is applied to certain types of row houses, whether planned unit developments or condominiums.


Retail house

Retail house

A brokerage firm that caters to individual customers rather than large institutions.


Further Suggestions

House Air Waybill (AWB)
House account
finance house
clearing house interbank payment system
Warehouse receipt
House poor
House of issue
In house processing float
Clearing house funds
Automated Clearing House (ACH)
Recognised Clearing House
clearing house
household insurance
accepting house
clearing house automated payment system
Clearing House Electronic Subregister System (CHESS)
Bonded warehouse
Clearing House Interbank Payments System (CHIPS)
commission house
Clearinghouse
Block house
Trade house
issuing house
London Clearing House
Commission house


 
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