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Welcome to our expansive online glossary of financial terms . Whether you're a finance professional, seasoned investor or just starting your financial journey, this glossary is designed to demystify complex concepts and provide clear, concise explanations of the key terms you need to navigate the world of finance with ease. Terms are conditions of payment, such as the due date or discount offered for payment within a certain period, usually printed on an invoice. Collins COBUILD Key Words for Retail. Copyright © HarperCollins Publishers. Conditions vs. Terms What's the Difference? Conditions and terms are two important aspects that are often used interchangeably, but they have distinct meanings. Conditions refer to specific requirements or criteria that must be met in order for something to happen or be valid. They are usually set by an authority or governing body and are non-negotiable. On the other hand, terms are the specific details or provisions that outline the rights, responsibilities, and obligations of parties ... Important Banking Terms It’s very important for you to know and understand the different banking terminologies and terms used by banks and other financial institutions so that you can perform them with ease. Here is a list of 92 important banking terms and definitions in alphabetical order for your help: Account Statement: It refers to the document that contains records of all your banking transactions that happened between you and third parties in a given period of time. Banks usually ...
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