Capital Expenditure: Expenditure of a non recurrent nature
resulting in the acquisition of assets.
Cash: Money in the form of bank notes and coins.
Cash Discount: A deduction from a price charged payment made before
a certain date.
Cash Flow: Refers to the sum of retained earnings and depreciation
provision made by firms.
Cash Reserve Ratio (CRR): Refers to the liquid cash that banks have
to maintain with Reserve Bank of India (RBI) as a certain percentage of their
demand and time liabilities.
Certificate of Deposit (CD): A document that is issued by a bank
acknowledging a deposit of money with it and constituting a promise to repay
that sum, to the bearer, at a specified future date. It is negotiable i.e. can
be transferred.
Cheap Money: A term used to
describe a situation where bank rate and other rates of interest are low.
Cheque: It is a bill of Exchange drawn on a specified banker and
not expressed to be payable otherwise on demand.
Collateral Security: An additional security in addition to the
personal security offered by a borrower.
Commercial Banks: Those banks which conduct a general rather than a
specialized type of business. They accept deposits, make advances, etc.
Consumer Credit: A loan which is given to the consumer for a short
period of time, for the purchase of a specific commodity. This can take the
form of hire purchase or be in the form of a personal loan from a bank.
Core Banking: Core banking Solution provides Centralized accounting
system which provides centralized accounting, customer information management
and transaction processing functions.
Credit: A wide term which has been used in connection with
operations or states involving lending, generally at short-term. To ‘give
credit’ is to finance, directly or indirectly, the expenditure of others
against future repayment.
Credit Card: A card which is issued by a bank or group of bodies or
other agency which provides the holder direct access to credit e.g. from a
merchant location, hotel, etc.
Credit Rating: An evaluation of soundness of an individual or
business firm as a credit risk. It is usually based on
II)
Company’s current and prospective business
III)
Financial risk
IV)
Quality of management
Continued...4
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COPY-WRITE OWNED BY PRAMOD KUMAR
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