Daylight credit and Loans and receivables: Difference between pages

Revision as of 15:35, 17 March 2021

(LR).

Accounting - financial instruments.

Non-derivative financial assets with fixed or determinable payments that are not quoted in an active market.

@@ Line 1: / Line 1: @@
-''Credit transfer.''
+(LR).
-An intra-day exposure of a bank when account is in an overdraft position at any time during the business day vis-&agrave;-vis credit extended for a period of less than one business day.
-Daylight credit may be extended by central banks to even out mismatches in the settlement of payments.
+''Accounting - financial instruments''.
-In a credit transfer system with end-of-day final settlement, daylight credit is tacitly extended by a receiving institution if it accepts and acts on a payment order even though it will not receive final funds until the end of the business day.
+Non-derivative financial assets with fixed or determinable payments that are not quoted in an active market.
-Also known as Daylight overdraft, Daylight exposure, or Intra-day credit.
 == See also ==
-* [[Credit]]
+* [[Available-for-sale]]
+* [[IAS 39]]
+* [[Loan]]
+* [[Receivables]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:Long_term_funding]]