BATCH HEADER RECORD
A common record of information that have something to do with the movement of a group of data (a batch), commonly within the banking field. The batch header record hold information that is essential for the efficient processing of the batch. It recognize where the transaction starts and summarizes the credits and/or debits included. The batch header record completely illustrates the transaction, when added with the entry detail records.
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Cracking
Method of breaking down a larger product into smaller by-products. Used in the oil and gas industry, this can be accomplished by employing various ...
Claims Adjuster
Insurance agent evaluating the amount of compensation that should be paid following an individual made a claim on his insurance policy. These handl ...
Turnkey Solution
Solution that can be easily executed into current business processes or systems, which is immediately ready to be implemented. It aims to fulfill a ...
Deed
A legal document that grants the bearer a right or privilege, provided that he or she meets a number of conditions. In order to receive the privile ...
Closing Quote
Final regular-hour trading price of a security in a trading day. Because of supply and demand, closing quote of the previous day is not necessarily ...
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