what is another word for running checks and deposit

The analysis may also be used to determine the profitability of a group of demand accounts with the same owner. Name used to refer to a co-maker who agrees to sign a note to induce the lender to make a loan, but who receives no direct benefit from the loan.Īn analysis performed to determine the profitability of each demand account to the bank. An example is a new motor in a piece of equipment. Goods that are physically united with other goods in such a manner that the identity of the original goods is not lost. Usually a remedy provided in a loan document for the lender to use in the event of default by the borrower.Ī provision in a loan document stating that the entire amount of unpaid indebtedness owed to the lender may become immediately due and payable if the borrower defaults.Ī time draft that has been accepted for payment. Making demand for payment in full for a debt that has not yet matured. The offsetting entry is the depreciation expense. A comprehensive, but cumbersome, and somewhat obsolete, method of verifying the ownership and encumbrances of a parcel, or parcels, of real estate.Ī group of methods for achieving periodic reductions in the book value of fixed assets that make larger reductions in the early periods and progressively smaller reductions in later periods. The term 'absorption period' is often used to describe the period of time necessary for absorption.Ī written report summarizing the history of title transactions and conditions of title that affect a given piece of land covering the period from the present back to a date in the past. ABS is always expressed as a monthly rate.Ī term used by real estate lenders and developers to describe the process of renting up newly built or renovated office space or apartments. ABS expresses principal prepayments as a percentage of the original number of loans or contracts in the pool of securitized loans that created the security. (2) The name for a convention used to express the rate of prepayments for an asset-backed security.

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What is another word for running checks and deposit