Availability Float
Jennifer edwards Availability float is another banking terminology that can be useful for the accounting functions and accounting concepts. Availability float can be defined as the time period that exists between when…
Adjustment Credit
Adjustment credit can be categorized as a kind of small loan. This kind of loan is a short term loan that is declared from a Federal Reserve Bank to a…
Average Collected Balance
Average collected balance is a monetary term that is related to the bank accounting terms. The average collected balance can be defined as the balance of the uncollected funds that…
Balance Reporting
Balance reporting is a process of reporting a customer that may be an individual or a business entity about their bank accounts. This reporting is done by the bank or…
Bank Credit
The bank credit is a monetary term that can be defined as the amount of credit available to a third party, individual or business entity from a bank. This can…
Account
An account is a basic entity in monetary management and it can be defined as an organization or an arrangement by a financial institution such as bank in which it…