Prepayment and Receivables: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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1. ''Banking''.
1.


The non-contractual early repayment by bank customers of, for example, fixed rate mortgages.
''Accounting.'' 


Amounts which are due to be received by a reporting entity.


2. ''Accounting''.


An amount paid in advance for a financial benefit, represented by an asset in the organisation's balance sheet.
2.


All amounts due from obligors both under trading contracts and under negotiable instruments.




== See also ==
== See also ==
* [[Average effective maturity]]
* [[AR]]
* [[Bookkeeping]]
* [[Debtors]]
* [[Early Repayment Charge]]
* [[Direct collection]]
* [[Extension risk]]
* [[General provision]]
* [[Prepayment risk]]
* [[Loans and receivables]]
* [[Prepayments]]
* [[Negotiable instrument]]
 
* [[Obligor]]
[[Category:Accounting,_tax_and_regulation]]
* [[Payables]]
[[Category:Identify_and_assess_risks]]
* [[Receivable put]]
[[Category:Manage_risks]]
* [[Receivables finance]]
[[Category:Risk_frameworks]]
* [[Receivables management]]

Revision as of 14:07, 20 June 2016

1.

Accounting.

Amounts which are due to be received by a reporting entity.


2.

All amounts due from obligors both under trading contracts and under negotiable instruments.


See also