on+this+account
121Trading Account Settlement — A system of settling exchange transactions where each trade has is paid into a trading account with the exchange. At the end of the settlement period only the balance of the account has to be settled. This balance can, of course be either… …
122application and allotment account — A ledger account used in the process of applications for and allotment of a company s share capital. When the shares are offered, potential shareholders (applicants) apply to buy them on an application form with a cheque to cover the cost of the… …
123The One account — Ltd is single brand subsidiary financial services company offering offset and flexible mortgages in the UK. The company pioneered the offset mortgage in the UK and; was conceived as a joint venture between Virgin Direct (Virgin s financial… …
124profit and loss account — P & L account 1) An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. 2) A statement of the profit (or loss) of an organization over a financial …
125profit and loss account — P & L account 1) An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. 2) A statement of the profit (or loss) of an organization over a financial …
126Current account — Net flow of goods, services, and unilateral transactions (gifts) between countries. The New York Times Financial Glossary * * * current account current account ➔ account1 * * * A country s current account balance is the sum of the visible… …
127current account — net flow of goods, services, and unilateral transactions (gifts) between countries. Bloomberg Financial Dictionary The part of the balance of payments which is due to trade flows. It can be broken down into visibles, which are physical goods… …
128Unit of account — A unit of account is a standard monetary unit of measurement of value/cost of goods, services, or assets. It is one of three well known functions of money. It lends meaning to profits, losses, liability, or assets. The accounting monetary unit of …
