Reconciliation in banking refers to the process of comparin…
Provisioning in a banking context refers to the process of …
A promissory note is a financial instrument that contains a…
Private equity refers to investments made in private compan…
The prime rate is the interest rate that commercial banks c…
A portfolio is a collection of financial investments, such …
A Personal Identification Number (PIN) is a secure numerica…
A Payment Gateway is a technology that facilitates online t…
A Payee is a person or entity that receives payment for a b…
An Overdraft is a financial arrangement that allows an acco…
Note: All information provided on the site is unofficial. You can get official information from the websites of relevant state organizations