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The business of a banker, banking involves an establishment for the loaning, holding, exchanging, or issuing of money. Also deals with the transmission of funds and the extensions of credit.

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Contributors in Banking

Banking > Loan & advances


Banking; Loan & advances

An advance payment, or simply an advance, is the part of a contractually due sum that is paid in advance for goods or services, while the balance included in the invoice will only ...

alphabet facilities

Banking; Loan & advances

A loan facility where different tranches of the loan are repayable at different times.


Banking; Loan & advances

Aval (or endorsement)is a joint commitment to payment of an obligation in favor of the creditor or beneficiary. It is granted by a third party, in case the principal debtor does ...

negotiable instrument

Banking; Loan & advances

A negotiable instrument is a document guaranteeing the payment of a specific amount of money. Cheques or promissory notes are common examples.

retail banking

Banking; Loan & advances

Retail banking is when a bank execute transactions directly with consumers, rather than corporations or other banks. Services offered include savings and transactional accounts, ...

mortgage loan

Banking; Loan & advances

A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan.

credit loan

Banking; Loan & advances

Credit loans are loans that are given as credit from creditor to debtor who has to pay month installments on interest, and funds of loan are usually credited to one's account to ...