Service level agreement and Trust: Difference between pages

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imported>Doug Williamson
(Add link and condense the first definition to exclude the third.)
 
imported>Doug Williamson
(Link with Housing trust page.)
 
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(SLA).  
1.  


#An SLA formalises the relationship between a bank customer and its bank, by covering the minimum standards of service expected by the customer, including key performance indicators (KPIs) and agreed to by the bank.
''Law and pensions''
#SLAs are also used between one bank and another. For example, where a bank provides services to its own customers indirectly, through a correspondent bank.
 
#More generally, any similar agreement between a customer and a service provider.
A legal concept whereby property is held by one or more persons for the benefit of others for the purposes specified in the trust deed. 
 
In a pensions context, the beneficiaries of the trust are the members of the pension scheme.
 
 
2.
 
A belief that someone or something is reliable, honest, good.
 
 
3.
 
''US''
 
A large organisation that has control - or attempts to gain control - of a market by the use of monopoly or other anti-competitive trade practices.




== See also ==
== See also ==
* [[Alliance bank]]
* [[Agent]]
* [[Correspondent banking]]
* [[Antitrust law]]
* [[Key performance indicator]]
* [[Beneficiary]]
* [[Report card]]
* [[Deed]]
* [[SLA partner banking]]
* [[Housing trust]]
* [[Monopoly]]
* [[Settlement]]
* [[Settlor]]
* [[Trust deed]]


[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]

Revision as of 11:24, 9 March 2017

1.

Law and pensions

A legal concept whereby property is held by one or more persons for the benefit of others for the purposes specified in the trust deed.

In a pensions context, the beneficiaries of the trust are the members of the pension scheme.


2.

A belief that someone or something is reliable, honest, good.


3.

US

A large organisation that has control - or attempts to gain control - of a market by the use of monopoly or other anti-competitive trade practices.


See also