Deposit: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand to cover deposits paid by lessees.) |
imported>Doug Williamson (Add definition. Source: Linked pages) |
||
(2 intermediate revisions by the same user not shown) | |||
Line 1: | Line 1: | ||
1. | 1. ''Sales - reservation - noun.'' | ||
A sum of money paid by a buyer as part of the sale price of something in order to reserve it. | A sum of money paid by a buyer as part of the sale price of something in order to reserve it. | ||
Line 6: | Line 6: | ||
2. | 2. ''Security - noun.'' | ||
A refundable amount paid as security, for example by a tenant in relation to a lease. | A refundable amount paid as security, for example by a tenant in relation to a lease. | ||
3. | 3. ''Risk management - noun.'' | ||
A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses. | A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses. | ||
4. ''Verb.'' | |||
To place money into a bank account, or to place any valuable item for safekeeping. | |||
Line 23: | Line 28: | ||
* [[Hot money]] | * [[Hot money]] | ||
* [[Lease]] | * [[Lease]] | ||
* [[ | * [[Non-maturity deposit]] | ||
* [[Security]] | * [[Security]] | ||
* [[Sight deposits]] | |||
* [[Stability]] | * [[Stability]] | ||
* [[Tenant]] | * [[Tenant]] | ||
[[Category:The_business_context]] | |||
[[Category:Manage_risks]] |
Latest revision as of 20:19, 11 September 2022
1. Sales - reservation - noun.
A sum of money paid by a buyer as part of the sale price of something in order to reserve it.
The deposit may or may not be returned if the sale is not completed.
2. Security - noun.
A refundable amount paid as security, for example by a tenant in relation to a lease.
3. Risk management - noun.
A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses.
4. Verb.
To place money into a bank account, or to place any valuable item for safekeeping.