Prepayment and SRO: Difference between pages

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1. ''Banking''.
''Regulation - governance.''


The non-contractual early repayment by bank customers of, for example, fixed rate mortgages.
Self-Regulatory Organisation




2. ''Accounting''.
==See also==
 
* [[Governance]]
An amount paid in advance for a financial benefit, represented by an asset in the organisation's balance sheet.
* [[NASDAQ]]
 
* [[New York Stock Exchange]] (NYSE)
It is a prepaid expense.
* [[RPB]]
 
* [[Self-regulation]]
 
* [[Self-regulatory organisation]]
:<span style="color:#4B0082">'''''Example: Venue hire'''''</span>
 
:We book a venue for a function.
 
:And pay 50% of the hire fee in advance.
 
 
 
:The 50% paid in advance is an ASSET for us.
 
:We are going to enjoy the use of the venue in future, but it has already been paid for.
 
:So the 50% already paid represents a future economic benefit.
 
 
 
== See also ==
* [[Accrual]]
* [[Average effective maturity]]
* [[Bookkeeping]]
* [[Early Repayment Charge]]
* [[Extension risk]]
* [[Prepaid expense]]
* [[Prepayment risk]]
* [[Prepayments]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Identify_and_assess_risks]]
[[Category:The_business_context]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]

Latest revision as of 13:22, 30 June 2022

Regulation - governance.

Self-Regulatory Organisation


See also