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What is meaning of BGC on a bank statement?
BGC on a bank statement typically stands for "Bank Guaranteed Check." It indicates that the funds associated with a check have been guaranteed by the bank, ensuring that the check will clear. This term can also refer to "Bureau of Government Contracting" in some contexts, but in relation to bank statements, it most often pertains to guaranteed checks. Always check with your bank for the specific meaning in your context.
What is the meaning of capital cost?
what is capital cost
What is the journal entry for capital expenditure?
Debit capital expenditureCredit cash / bank
What is the journal entry for withdrew capital from bank?
Debit owner capitalCredit bank
What are the possible sources of capital?
Following are possible sources: 1 - Issuance of additional shares 2 - Issuance of long term debt 3 - Bank Loan etc
What is meant by the term safe bank?
Safe bank is a term to ensure that money in one bank is safe. The term safe bank can be related to the FDIC. Both of these terms have the same meaning.
What is the meaning of paucity of working capital?
Paucity of working capital means shortage of working capital. A business house may face shortage of working capital which can be compensated by personal source, private or bank loan.
When was Capital Bank created?
Capital Bank was created in 2008.
Which bank bought capital one bank?
North Fork bank was bought by Capital One.
When was Capital Bank Plaza created?
Capital Bank Plaza was created in 1964.
What is the meaning of the term 'banking online'?
It means what is says - accessing you bank account via the Internet.
What is the meaning of the term 'chargebacks'?
The meaning of the term 'chargebacks' is usually when a customer get a return of their funds which is normally done by the customers own bank. It can also be used if there has been fraudulent use on your account.
What is the meaning of cheque discounting?
Cheque Discounting is providing a post dated cheque to a bank by its customer which amounts to the short term loan taken from the bank and the interest charged by the bank.
Is Capital One Bank the same as Capital Bank?
No, Capital One Bank and Capital Bank are not the same. Capital One Bank is a subsidiary of Capital One Financial Corporation, known for its credit cards, banking services, and financial products. Capital Bank, on the other hand, can refer to various regional banks or financial institutions that may not be affiliated with Capital One. It's important to verify the specific institution being referenced, as the names can be similar but represent different entities.
How do you calculate the working capital of a bank?
net working capital of bank is the difference of current asset and current liability of a bank.
Is river bank a verb or noun?
The term river bank is an open compound noun, made from the noun river and the noun bank, put together to form a word with its own meaning.
IS CAPITAL BANK AND CAPITAL ONE BANK THE SAME?
No, Capital Bank and Capital One Bank are not the same. Capital One is a large financial services company known for its credit cards, banking, and auto loans, while Capital Bank typically refers to smaller regional banks that may operate in specific areas. They are separate entities with different ownership, services, and market focuses.
