Meaning of Balance Sheet Every company is bound to record the financial transactions that take place in their routine. Only …
Read moreBalance Sheet of a Banking and Non-Banking Company: Meaning, Norms, Difference
Lending is regarded as core function of banking institutions. The banks accept deposit from general public and lend that raised …
Meaning Of Banking Desert Banking desert refers to census tract or neighbourhood having no bank branches situated within it or …
Read moreBanking Desert: Meaning, Negative Impacts and History
Meaning Of Microfinance Microfinance is a term for financial services offered to unemployed or low-income peoples or groups who lack …
Read moreMicrofinance: Meaning, Types, Features, Pros & Cons and History
Meaning Of Credit Union Credit union refers to non-profit financial institution that is owned by a group of peoples who …
Read moreCredit Union: Meaning, Credit union vs Banks and Pros & Cons
Meaning Of BIN Bank identification number refers to first four to six digits on payment cards issued by banking companies …
Read moreBank Identification Number (BIN): Meaning, Working, Importance and Benefits
Meaning Of Lockbox Banking Lockbox banking is a secured mailing locations run by banks or financial institutions to provide businesses …
Read moreLockbox Banking : Meaning, Example, Advantages, Disadvantages
Meaning Of Virtual Banking The facility of getting access to all baking and related services online without actually visiting the bank …
Read moreVirtual Banking : Meaning, Features, Advantages, Disadvantages
Meaning of Non-Banking Financial Companies Registered companies that provide certain financial services similar to a bank but without any banking …
Meaning of Investment Banking Investment banking is a special division of banking institution which primarily deals with raising capital for …
