Medi Assist Healthcare IPO

Home Financial Terms

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

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

#

Financial Terms

Electronic Clearing Service (ECS)

This system allows for the automatic transfer of funds from one bank account to another.

Understanding the intricacies of financial transactions is crucial in the world of finance. One such method is the Electronic Clearing Service (ECS), utilized by banks, corporations, and financial institutions for seamless payment transfers. This automated system eliminates the need for manual intervention and enables swift and secure fund transfers between two bank accounts. Let's delve deeper into the workings of ECS and its significance in the financial landscape.

Devaluation

This action is usually taken to achieve a more favorable balance of trade and increase competitiveness in the international market. Devaluation, a term often used in the wo...

More

Custodian

They act as a mediator between investors and securities issuers, ensuring smooth transactions and maintaining accurate records. A Custodian plays a crucial role in the finan...

More

Amortization

Amortization is a fundamental concept in finance that involves paying off a debt through regular, fixed payments over a set period of time. By adhering to a predetermined sc...

More

CAD

The value of CAD is determined by many factors including the country's economic stability, inflation rate, and global trade agreements. The Canadian Dollar (CAD) serves as ...

More