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25 Results for Tag: transfer

Hawala

DefinitionHawala or hewala, also known as hundi or—in Somali, xawala or xawilaad—is a popular and informal value transfer system based not on the movement of cash, or on telegraph or com

National Automated Clearinghouse Association (NACHA)

National Automated Clearinghouse Association (NACHA) What is 'National Automated Clearinghouse Association - NACHA ' A non-profit membership association charged with overseeing the Automa

Named Beneficiary

Named Beneficiary What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts, IRAs, or any other instrument, to wh

Import Duty

Import Duty What is an 'Import Duty ' Import duty is a tax collected on imports and some exports by the customs authorities of a country. It is usually based on the value of the goods tha

Natural Gas Liquids (NGL)

Natural Gas Liquids (NGL) What are 'Natural Gas Liquids - NGL' Natural gas liquids (NGL) are components of natural gas that are separated from the gas state in the form of liquids. This se

National Securities Clearing Corporation (NSCC)

National Securities Clearing Corporation (NSCC) What is 'National Securities Clearing Corporation - NSCC' A subsidiary of the Depository Trust & Clearing Corporation (DTCC) that provid

National Social Security Fund (China)

National Social Security Fund (China) What is 'National Social Security Fund (China)' A government-controlled investment fund established primarily to provide a reserve of funds for China'

Official Staff Commentary

Official Staff Commentary What is 'Official Staff Commentary' Commentary published by the Federal Reserve. Official staff commentaries are laid out in a question-and-answer format. They ar

Lease

DefinitionA lease is a contractual arrangement calling for the to pay the lessor for use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or busine

Bailment

Bailment What is 'Bailment' The contractual transfer of possession of assets or property for a specific objective. In bailment, the deliverer of the asset is the bailor, and the receiver i
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