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 

• NOTIFICATION
  
  Receivable lending with the requirement that the borrower's account debtors must be notified of the bank's lien. The payments on the accounts are then usually sent directly to the lender by the account debtors. Sometimes called notification plan.
  
  Back