Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• COLLECTED BALANCE - cash plus checks deposited which have been presented to the drawee bank for payment...
  
  
• COLLECTED BALANCE REQUIRED - balances determined to cover service charges on an account based on curren...
  
  
• COLLECTED BALANCES - Collected balances are bank ledger balances minus checks in the process of collect...
  
  
• COLLECTIBLE - When you invest in objects rather than in capital assets such as stocks or bonds, you are...
  
  
• COLLECTING BANK - A bank that assists in obtaining payment in accordance with draft payment terms.
  
  
• COLLECTION - When a borrower falls behind, the lender contacts them in an effort to bring the loan curr...
  
  
• COLLECTION ACCOUNT - A loan or debt that has been referred by a creditor to an agency whose primary bus...
  
  
• COLLECTION FLOAT - The total time period between when a check is prepared by the remitter and when the ...
  
  
• COLLECTION FRACTIONS - The percentage of a given month's sales collected during the month of sale and e...
  
  
• COLLECTION GUARANTY - A guaranty in which the signer guarantees to pay the bank only if the bank cannot...