Balance of payments and Utility: Difference between pages

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''Economics.''
1.


(BOP).
An economic measure of satisfaction gained from consumption of goods or services.


A financial statement prepared for a country summarising the flow of goods, services and funds, inwards and outwards, between the residents of that country and the residents of the rest of the world during a particular period.
Sometimes quantified in 'utils'.
 
 
2.
 
A firm providing necessity goods and services, such as water supplies.
 
 
3. ''Financial institutions - know your customer (KYC)''.
 
A KYC utility.
 
 
<span style="color:#4B0082">'''''KYC evolving'''''</span>
 
:"The world of cash management and payments is evolving in response to... technological advances.
 
:Treasurers might want to consider solutions such as... the launch of various utility products for KYC management."
 
:''Michelle Price, associate policy and technical director, Association of Corporate Treasurers, The Treasurer, August 2018, p24.''




== See also ==
== See also ==
* [[Capital account]]
* [[Beta]]
* [[Financial statements]]
* [[Diminishing marginal utility]]
* [[Gross domestic product]]
* [[Indifference curves]]
* [[Invisibles balance]]
* [[KYC utility]]
* [[Visibles balance]]
* [[Marginal utility]]


[[Category:Knowledge_and_information_management]]
[[Category:The_business_context]]
[[Category:The_business_context]]

Revision as of 16:12, 4 August 2018

1.

An economic measure of satisfaction gained from consumption of goods or services.

Sometimes quantified in 'utils'.


2.

A firm providing necessity goods and services, such as water supplies.


3. Financial institutions - know your customer (KYC).

A KYC utility.


KYC evolving

"The world of cash management and payments is evolving in response to... technological advances.
Treasurers might want to consider solutions such as... the launch of various utility products for KYC management."
Michelle Price, associate policy and technical director, Association of Corporate Treasurers, The Treasurer, August 2018, p24.


See also