What Is a C Note? The C note is an abbreviation for a $100 banknote in US currency. The “C” in C note alludes to the Roman numeral for 100. This upper-case C was printed on notes in the upper-left corner from 1869 to 1914. Also, C stands for a […]
Banking
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What Is In-House Financing? In-house financing occurs when a company offers a loan to a client in order for them to acquire its goods or services. In-house financing reduces the firm’s dependency on the banking sector to provide monies to the client in order for the transaction to be completed. […]
What is Asset Finance? Asset finance lets a company use its existing assets like inventory or accounts receivable as collateral to secure short-term loan financing. The use of a company’s balance sheet assets, such as short-term investments, inventories, and accounts receivable, to borrow money or obtain a loan is referred […]
ZBA – What Is a Zero Balance Account? A ZBA (zero balance account) is a specialized business account. It is used to process payments like payroll or petty cash. Otherwise, a ZBA is kept with a zero balance. In other words, a zero balance account (ZBA) is precisely what it […]
What Is an Acquirer in Mergers and Acquisitions? In a merger or acquisition, an acquirer is a firm that gains the rights to another company or commercial connection through a financial transaction. These can be mergers, acquisitions, or other types of structured agreements. Acquirers buy out a firm and take […]
What Is Moral Suasion? Moral suasion is the act of using verbal arguments, appeals, and persuasion to influence a person or group of people to change their behavior. This is in contrast to using overt coercion or physical force. In other words, moral suasion uses diplomatic verbal strategies rather than […]