Net settlement

A net settlement is the process by which banks calculate the collective total of all transactions on any given day. Credit and debit transactions are recorded on the clearing house books throughout the business day; final settlement of the net transactions, the credits less the debits, occurs when funds due to a bank are credited to its reserve account by a Federal Reserve Bank.

单词	Net settlement
释义	Net settlement 英语百科 Net settlement A net settlement is the process by which banks calculate the collective total of all transactions on any given day. Credit and debit transactions are recorded on the clearing house books throughout the business day; final settlement of the net transactions, the credits less the debits, occurs when funds due to a bank are credited to its reserve account by a Federal Reserve Bank.
随便看	statement of cost statement of cost accounting standards statement of cost and production statement of cost of goods manufactured statement of cost of production statement of cost to manufacture and cost of goods sold statement of current accounts statement of current earnings and retained earnings statement of current position statement of daily cash statement of debit account statement of debt account statement of defence Statement of Demonstrated Ability statement of development credits approved statement of dishonour statement of earned surplus statement of earnings statement of estimated application of funds statement of expenditures and encumbrance compared with appropriation statement of expenditures and encumbrance compared with appropriations statement of expense statement of expenses statement of fact statement of factory operating expenses