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The term Official Cash Rate (OCR) is one that is used in Australia and New Zealand. It is used to describe the bank rate and interest rate a bank charges on overnight loans given to commercial banks.
What else can I help you with?
What does the national animal of Australia mean?
It means nothing. Australia does not have an official national animal. It is not the kangaroo or the koala, as many people believe.
What did the Great Depression really mean in Australia?
Industrial slowdown and shortage oe export,decreasing rate of agriculture etc.
What does cap rate mean in real estate?
cap rate is the ratio between the grid operating income Note that a real estateappraisal in the U.S. uses net operating income of the asset, because it does not frankly affect the cash generated by the benefit.
What does less cash received mean on a banking deposit slip?
The amount out of the check that you are receiving in cash.
What does the phrase cash till mean?
The phrase cash till is a synonym for a cash register, i.e. they mean the same thing. The term "cash register" is more common in American English while "cash till" is more common in British English.
What is the word rate mean in math?
it mean per rate
What do you mean by cash?
Cash profit means profit after tax plus depreciation.
What was the chief cash corp of the Chesapeake colonies?
You mean cash crop, and it was Tobacco.
What does scatter cash mean?
Scatter cash means money that can be spent frivolously.
What you mean by cash?
Cash profit means profit after tax plus depreciation.
What interest rates are typical in a fast cash loan?
A fast cash loan is typically a small loan used to cover expenses until a person gets paid again. These types of loans usually have fees instead of an interest rate. So you might be charged $15 for every $100 you borrow. Since your lending period is very short, this can mean that your rate is very high.
What do you mean by cash profit?
Cash profit means profit after tax plus depreciation.
