Credit balance and EXCO: Difference between pages

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imported>Doug Williamson
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#''Financial accounting. '' This is either a liability or capital within the balance sheet, or revenue within the profit and loss account (or income statement).
EXecutive COmmittee.
#''Banking. ''In banking a credit balance - in the bank's records - is one which stands in favour of the customer.  The bank owes money to the customer.  (Contrasted with a debit balance in the bank's records.  Being a balance standing in favour of the bank.)
 
A committee of the main board of directors, with responsibility for a particular area of work.
 
 
Sometimes written 'ExCo'.




== See also ==
== See also ==
* [[Balance sheet]]
* [[ALCO]]
* [[Capital]]
* [[Board of directors]]
* [[Debit balance]]
* [[Corporate governance]]
* [[Liabilities]]
* [[Remuneration committee]]
* [[Profit and Loss account]]
 
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]

Latest revision as of 12:27, 26 June 2022

EXecutive COmmittee.

A committee of the main board of directors, with responsibility for a particular area of work.


Sometimes written 'ExCo'.


See also