Monetary financial institution and Presentment: Difference between pages

Revision as of 07:14, 2 July 2022

The act of presenting a negotiable instrument to the person on whom it is drawn for acceptance or payment.

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-Monetary Financial Institutions (MFIs) are [[central bank]]s and other institutions whose business is to take deposits and/or close substitutes for deposits from entities other than MFIs and, for their own account (at least in economic terms), to grant credits and/or make investments in securities.
+The act of presenting a negotiable instrument to the person on whom it is drawn for acceptance or payment.
-In many contexts, MFIs ''excluding'' central banks are considered.
+== See also ==
+* [[Negotiable instrument]]
+* [[Presenting bank]]
-So, for example, the Bank of England publishes statistics under the heading "Monetary financial institutions (excluding central bank) balance sheet".
+[[Category:Cash_management]]
+[[Category:Liquidity_management]]
-But conversationally and informally they are taken as relating to "MFIs".
-[[Category:Long_term_funding]]