Sterling overnight index average and Stewardship: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Categorise.)
 
imported>Administrator
(CSV import)
 
Line 1: Line 1:
(SONIA). 
The fundamental fiduciary duty of company directors, to safeguard and administer the property belonging to a company, on behalf of its shareholders.
 
Tracks actual average market sterling funding rates each day for settlement that day where repayment is made on the following business day.
 
It is usually referred to by the acronym 'SONIA'.
 


== See also ==
== See also ==
* [[Euro Overnight Index Average ]]
* [[Fiduciary duty]]
* [[SONIA]]


[[Category:Corporate_financial_management]]

Revision as of 14:20, 23 October 2012

The fundamental fiduciary duty of company directors, to safeguard and administer the property belonging to a company, on behalf of its shareholders.

See also