answersLogoWhite

0

A financial claim consists of a legal entitlement to receive a monetary benefit or payment from another party. It typically arises from agreements, contracts, loans, or obligations where one party owes money to another. This claim can take various forms, such as accounts receivable, loans, or equity interests, and can be enforced through legal means if necessary. Ultimately, financial claims represent a key component of financial transactions and relationships between individuals or entities.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

Is the creditor's financial claim minus the owner's financial claim to item of property always equals the total cost of the equity?

Yes


What is the claim on the property or income of a borrower?

financial asset


A creditor's financial claim is...?

represented by debt instruments offered by financial instituttions, industrial corporations, or the government.


Do you have to claim inheritance money when filing for financial aid for college?

no


What is a claim on the property or income of a borrower called?

financial asset


What is the basic structure of an argument?

An argument typically consists of a claim, evidence to support that claim, and reasoning that explains how the evidence supports the claim. The claim is the main point being made, the evidence provides support or proof for the claim, and the reasoning connects the evidence to the claim.


What is claims Adjudication?

The termination of a claim...this can be by settlement or dismissal. The claims adjudication process consists of receiving a claim from an insured person and then utilizing software to process the claims and make a decision or process the claim manually.


If you did not claim your 22 year old on your taxes would she get more help from financial aid?

No.


What is a financial claim?

these comprise the money and the rights to receive money under specific circumstances.


Can both parents claim a single child for financial aid if they are not married?

No way that fraud.


Is Old Security Financial Group FDIC insured?

they claim that the deposits are but they are not. Whatever that means.


How many groups does the Foschini Group consist of?

The Foschini Group consists of 14 different trading brands. These brands consists of lifestyle products such as fashion cellphones, and housewares. It also consists of financial services.