This act established the Federal Depository Insurance Corporation (FDIc) that regulates banking policy and insurance policy on accounts of deposit in banks and thrift institutions.

A tool that is used to record all transactions made to an account and compared to a statement from the institution that holds the account in order to establish an […]

The physical location where clients perform transactions with their bank.

The time it take to process a check through the system. It can take a few days for local business but foreign checks take longer.

A body that the state establishes to make sure banks are accessible, stable, and safe. An audit may be conducted. The jurisdiction covers credit unions, commercial banks, money transmitters, check […]

The daily transactions of a bank that are legal.

Acts passed in legislation of Hong Kong that increase licensing restrictions for banks. It protects the free banking system. The four acts passed in 1948, 1964, 1967, and 1986.

A rule that can be challenged by governments. It states that banks cannot give information unless evidence is given to prove criminal behavior.

Any institution that lends money or invests it.

Investment banks that act together for one goal.

A promissory note issued by a bank or authorized banker, payable to bearer on demand, and intended to circulate as money. Same as BANK-BILL, supra.

A person who has committed an act of bankruptcy ; one who has done some act or suffered some act to be done in consequence of which, under the laws […]

A law relating to bankrupts and the procedure against them in the courts. A law providing a remedy for the creditors of a bankrupt, and for the relief and restitution […]

1. The state or condition of one who is a bankrupt; amenability to the bankrupt laws; the condition of one who has committed an act of bankruptcy , and is […]

the court that has jurisdiction over bankruptcy proceedings .

Courts for the administration of the bankrupt laws. The present English bankruptcy courts are the London bankruptcy court , the court of appeal, and the local bankruptcy courts created by […]

These are laws passed in order to aid creditors to collect money that is owed to them by a bankrupt person or company. See chapter eleven ; insolvency laws .

When a debot asks to become bankrupt. The court must approve this and assets are sold to pay debt.

The term includes all proceedings in a federal court having jurisdiction in bankruptcy, founded on a petition in bankruptcy and either directly or collaterally involved in the adjudication and discharge […]

How a company compares its status to another company in the same group. It prevents debt relief from being taken on by the group. This works for an established business […]

The chance that loss will occur due to a counterparty bankruptcy.

In the UK its the electronic billing system. It lets transactions be automated between firms.

An old law term, signifying a space or tract of country around a city, town, or monastery, distinguished and protected by peculiar privileges. Spelman.

A French and Canadian law term, having the same meaning as banleuea, (q. v.)

An electronic ad that is hot linked. The graphics are at the top or bottom of the page. It is 468 pixels wide and 60 pixels high. It is about […]