Bank Reconciliation

Business / Accounting / Bank Reconciliation: The process of systematically comparing the cash balance as reported by the bank with the cash balance on the company's books and explaining any differences.

Other Words for Reconciliation

Reconciliation Noun Synonyms: conciliation, appeasement, propitiation, pacification, placation, rapprochement, reconcilement, understanding, d‚tente, reunion, harmony, concord, accord, amity, rapport
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Moscow Interbank Currency Exchange (MICEX)

Business / Finance / Moscow Interbank Currency Exchange (MICEX): Established in 1992, the most liquid and best organized financial exchange in Russia. MORE

Mutual Savings Bank

Business / Finance / Mutual Savings Bank: A state-chartered savings bank that is owned by its depositors and managed by a fiduciary board of trustees. MORE

Mortgage Banker

Business / Finance / Mortgage Banker: A company or individual that originates mortgage loans and sells them to investors, while taking care of borrowers' loan payments, records, taxes, and insurance. MORE

Money Center Banks

Business / Finance / Money Center Banks: Banks that raise most of their funds from the domestic and international money markets, relying less on depositors for funds. MORE

Merchant Bank

Business / Finance / Merchant Bank: A British term for a bank that specializes not in lending its own funds, but in providing various financial services such as accepting bills arising out of trade, underwriting new issues, and providin MORE

Mitigation Bank

Business / Agriculture / Mitigation Bank: A bank is created when wetlands at a site are restored, enhanced or created in advance of destruction of similar wetlands in nearby locations. The bank then sells 'credits' in the bank to permit appli MORE

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