Special Presentations Financial Glossary

What is it? A service from a bank to inform a customer paying in a cheque that the payers bank will make the payment. This does not reduce the time taken for the cheque to clear - this will still take three working days.

Finance Term Definition Added By: Thomas

Send To Friends!

If you'd like to send the Special Presentations 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 Special Presentations. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Further advance is When you borrow more money against your property by increasing the size of your mortgage.

Financial Term Automatic Investment Plan is This service allows investors to invest automatically, by transferring money from bank or brokerage accounts at regular intervals.

Financial Term escrow accounts is Cash held in abeyance until an event occurs or does not occur. For example, funds paid monthly by a mortgagor to the mortgagee are held in escrow until they are due to the taxing authority.

Financial Term 1 Month Change is Where a consensus forecast value for the relevant period existed one month previously, the change indicates in pence the amount by which the latest consensus value has moved up (+) or down (-). The calculation is as follows Latest consensus value - Consensus value 1 month ago = Change

Financial Term Bond Factor is Bond factors relate to pass-through securities that have had part of their principal repaid prior to maturity. The bond factor is the proportion of the principal that is yet to be repaid. Eg a bond factor of 0.85 means 85% of principal is yet to be repaid