CORRESPONDENT BANK Definition

Bookmark and Share

CORRESPONDENT BANK is a bank having communications and business links with the sellers bank.

Learn new Accounting Terms

DEDICATED TRANSACTIONS, in securities, is a list all the transactions (including cash) for each portfolio together with any relevant fees and notes. And, not only can one monitor profit/loss but you can also chart the historical valuation of a portfolio, monitor the annualized rate of return, compare portfolio performance against indices or sectors and chart the performance of different constituents of a portfolio on a single chart.

LODGEMENT, in law, is bringing a legal charge or accusation against someone.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.