Debit balance and GFC: Difference between pages

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#''Financial accounting.'' In financial accounting a debit balance is an asset within the balance sheet, or an expense within the profit and loss account (or income statement).
1. ''Economics - financial markets.''
#''Banking.'' In banking a debit balance - in the bank's records - is one which stands in favour of the bank. The customer owes money to the bank. Also known as an overdrawn balance. (Contrasted with a credit, or positive, balance in the bank's records. Being a balance standing in favour of the customer.)
 
Global Financial Crisis.
 
In this context, GFC usually refers to the Global Financial Crisis starting in 2007/8, following the perturbances in the US property markets in 2006.  
 
An important impact for treasurers has been the financial services regulation required by G20 members in the form of Dodd-Frank in the USA, EMIR and CRD in the EU, and similar legislation throughout the G20 members.
 
 
The Global Financial Crisis is sometimes known as the ''Great'' Financial Crisis.
 
 
2. ''Management structures.''
 
Group Financial Controller.




== See also ==
== See also ==
* [[Assets]]
* [[CRD]]
* [[Balance sheet]]
* [[Credit crunch]]
* [[Credit balance]]
* [[Dodd-Frank]]
* [[Debit]]
* [[Economics]]
* [[Profit and Loss account]]
* [[EMIR]]
* [[FC]]
* [[Financial controller]]
* [[Financial markets]]
* [[G20]]
* [[Global Financial Crisis]]
* [[Great Depression]]
* [[Great Recession]]
 
[[Category:The_business_context]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 15:43, 17 March 2021

1. Economics - financial markets.

Global Financial Crisis.

In this context, GFC usually refers to the Global Financial Crisis starting in 2007/8, following the perturbances in the US property markets in 2006.

An important impact for treasurers has been the financial services regulation required by G20 members in the form of Dodd-Frank in the USA, EMIR and CRD in the EU, and similar legislation throughout the G20 members.


The Global Financial Crisis is sometimes known as the Great Financial Crisis.


2. Management structures.

Group Financial Controller.


See also