BASLE COMMITTEE Definition

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BASLE COMMITTEE was set up by the Bank for International Settlements and is based in Basle. The Committee drew up international capital adequacy standards for banks and was once known as the Cooke Committee, after a former chairman.

Learn new Accounting Terms

CASH DISBURSEMENT see DISBURSE/DISBURSEMENT.

SERVICE CHARGE is an additional charge for a service for which there is already a basic fee; also called service fee.

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