Value

From ACT Wiki
Revision as of 14:59, 24 February 2017 by imported>Doug Williamson (Standardise layout.)
Jump to navigationJump to search

1.

Funds transfer

The moment when funds cease to be useable to the originating party and instead become useable funds to the beneficiary in the sense that they can reduce overdraft balances, earn interest or can be withdrawn.


2.

More generally, the term 'value' refers broadly to what something is worth.

The value of something is related to - but not necessarily always the same as - its price.


See also