List of Banking Definitions, Explanations & Articles

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pro forma invoice

An abridged or estimated invoice sent by a seller to a buyer in advance of a shipment or delivery of goods. It notes the kind and quantity of goods, their ...

full time equivalent (FTE)

The ratio of the total number of paid hours during a period (part time, full time, contracted) by the number of working hours in that period Mondays through ...

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revenue

accounting concepts

feasibility study

retailer

private limited company

consignee

net 30

letter of credit (L/C)

invoice

credit note

bank

management accounting

mortgage

multinational corporation (MNC)

bill of exchange (BOE)

purchase order

law of diminishing returns

bill of lading (B/L)

free on board (FOB)

franchising

forecasting

net price

cost and freight (C&F;)

income tax

consignment sale

cash against documents (CAD)

asset

immediate family

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Invested money that, in contrast to debt capital, is not repaid to the investors in the normal course of business. It represents the risk capital staked by the ...

Assumed, forecasted, or informal information presented in advance of the actual or formal information. The common objective of a pro forma document is to give a ...

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cost

financial management

stock exchange

overdraft

expenditure

company

CFS/CFS

economy

negotiation

payment terms

inflation

operating expenses

goods

net present value (NPV)

trust account

public limited company

freight forwarder

free trade agreement

share

in transit

customs duty

equity investment

international business

ex works

landed cost

profit

management accounts

income

letter of indemnity

bank reconciliation

performance bond

accounts receivable (A/R)

SWIFT code

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