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The interbank lending market refers to the subset of bank-to-bank transactions that take place in the money market. The money market is a subsection of the financial market in which funds are lent and borrowed for periods of one year or less.
Wetboek van Koophandel is a codification of Dutch commerce laws signed into law in 1838 based on the Napoleonic Code that was introduced in the Netherlands during the French conquest of the Netherlands.
A bank may have substantial sums in off-balance-sheet accounts, and the distinction between these accounts may not seem obvious. For example, when a bank has a customer who deposits $1 million in a regular bank deposit account, the bank has a $1 million liability.
Balance of trade in goods and services (Eurozone countries) US trade balance from 1960 U.S. trade balance and trade policy (1895–2015) U.K. balance of trade in goods (since 1870)
The subledger, or subsidiary ledger, provides details behind entries in the general ledger used in accounting. The subledger shows detail for part of the accounting records such as property and equipment, prepaid expenses, etc.
The current ratio is an liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is the ratio of a firm's current assets to its current liabilities, Current Assets / Current Liabilities .
The origin of "cash is king" is somewhat unclear. In George N. McLean's 1890 book How to do Business, or the Secret of Success in Retail Merchandizing, [1] one of the "Twelve Wise Business Maxims" is "Avoid credit, remembering that cash is king, credit is a slave".
Although Hinduism and Buddhism are no longer the major religions of Indonesia, Sanskrit, the language vehicle for these religions, is still held in high esteem, and its status is comparable with that of Latin in English and other Western European languages.