Banking Terminology

CA Foundation Business & Commercial Knowledge Study Material - Other Business Terminology Other Business Terminology Acquisition: Takeover of one firm by another. Administration: The process of determining and executing the policies and programmes of an organisation. Allowance: A fixed sum allowed by an employer to an employee e.g. house rent allowance. … [Read more...] about CA Foundation Business & Commercial Knowledge Study Material – Other Business Terminology

CA Foundation Business & Commercial Knowledge Study Material Chapter 6 Common Business Terminologies - Banking Terminology Banking Terminology Acceptance: A signed acknowledgement indicating the acceptance of all the terms and conditions of an agreement. Accepting house: A bank or financial institution engaged in acceptance and guarantee of bills of exchange. … [Read more...] about CA Foundation Business & Commercial Knowledge Study Material – Banking Terminology