Evergreen deposit and Payment factory: Difference between pages

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imported>Doug Williamson
(Link with Deposit page.)
 
imported>Doug Williamson
(Missing term.)
 
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A short-term deposit that is routinely renewed, effectively leaving the principal outstanding for the long term.
A centralised facility which undertakes the execution, administrative and reporting functions associated with payments within a [[group]] of companies.
 
 
== See also ==
* [[Deposit]]
* [[Evergreen facility]]
* [[Principal]]

Revision as of 21:07, 22 June 2013

A centralised facility which undertakes the execution, administrative and reporting functions associated with payments within a group of companies.