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| 1. ''Contract law.''
| | An interest-bearing account, usually with a bank. |
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| A required element in a contract under English law by which something of value, including a promise, is exchanged for the act or promise of another.
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| Note that other legal systems may differ significantly.
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| For example in Scots law a unilateral undertaking that is intended to have legal effect, such as a promise, is legally binding (without the need for consideration to pass from the recipient of the promise).
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| 2.
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| More generally, thoughtfulness and sensitivity towards others.
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| 3.
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| To act with courtesy and consideration is one of the principles of the ACT's Ethical Code.
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| == See also == | | == See also == |
| * [[ACT Competency Framework]] | | * [[Current account]] |
| * [[ACT Ethical Code]] | | * [[Demand deposit account]] |
| * [[Consensus in idem]] | | * [[Time deposit account]] |
| * [[Contract]]
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| * [[Courtesy]]
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| * [[Quid pro quo]]
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| * [[Underwriting]]
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| [[Category:Compliance_and_audit]] | | [[Category:Cash_management]] |
| [[Category:Ethics]] | | [[Category:Liquidity_management]] |
| [[Category:Treasury_operations_infrastructure]]
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Revision as of 20:01, 29 June 2022
An interest-bearing account, usually with a bank.
See also
