Definition and Types of Negotiable Instruments A negotiable instrument is a signed document that promises or orders a payment to a specified person or assignee. Examples of negotiable instruments include Read more…
Banking Definition
Commercial Bank and Its 8 Banking Services
Commercial Banks A commercial bank is a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and Read more…
Banking, Definition of Banking, Historical evolution of banking, Importance of Banking in the Economy
Banking Introduction Banking can be defined as a financial intermediary that accepts deposits, makes loans, and provides other money-related services, such as financial management and products like mutual funds and Read more…