LIABILITY LEDGER
The central information of a bank that holds the entire list of all the bank's outstanding loans and borrower discounts. The ledger is next to the bank’s general ledger accounting system, which is saved on computer and kept in the loan department. The sum of all of the loans, written on a bank's liability ledger, make up most of its earning assets.
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Skimming is an act used by identity thieves to capture the personal information of an individual through electronic means. A little electronic devi ...
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
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A situation where the employer temporarily freezes the hiring of new employees. Hiring freeze is put into place as a cost-saving effort as a result ...
Lump-Sum Payment
Repayment of the total or partial value of an asset by one-time payment. Usually, this is taken instead of recurring payments that would be receive ...
Announcement Date
The date in which a company will make an announcement on the details pertaining an issue of equity or debt. The announcement da ...
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