Presentment Financial Glossary
What is it? A process by which a check is presented for payment at the drawees bank.Finance Term Definition Added By: Ashlyn
The Presentment definition has been viewed 683 Time(s)!
Send To Friends!
If you'd like to send the Presentment definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Presentment. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term Bridge Financing is A form of interim loan, generally made between a short term loan and a permanent (long term) loan, when the borrower needs to have more time before taking the long term financing.Financial Term Mortgage servicing is Performing the necessary duties of a mortgagee, such as collecting payments, releasing the lien upon payment in full, foreclosing if in default, and making sure the taxes are paid, insurance is in force, etc. Servicing may be done, for a fee, by the lender or by a company acting for the lender.
Financial Term Assessed Value is A public tax assessors appraisal of the value of an asset to calculate tax.
Financial Term General Ledger (GL) is A core subsystem of the Finance system. It encompasses fund accounting, chart of accounts, system table maintenance and update, and grants and contract accounting.
Financial Term Card Holder Agreement is The written statement of the terms and conditions of a credit card account, as required by Federal Reserve regulations. It must include the annual percentage rate, monthly minimum payment formula, annual fee, if applicable, and the cardholders rights in billing disputes. The terms and conditions can be changed by the issuer upon written notification to the cardholder.