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.

Gross National Product (GNP)

Gross National Product, or GNP, represents the total value of goods and services produced by a country in a given year, as well as the net income from investments made by in...

More

Nominee

This individual is authorized to act on behalf of the investor in case of any unforeseeable circumstances such as death or incapacitation. A Nominee refers to an individual ...

More

Lagging Indicator

A Lagging Indicator is a vital tool in the world of finance. It provides valuable feedback, but with a slight delay, making it a useful tool for traders to validate price tr...

More

Mark-to-market

This technique is commonly used in finance to determine the value of assets and liabilities on a regular basis, providing an accurate representation of a company's financial ...

More