• Banking Glossary For IBPS
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  • Banking Glossary For IBPS

    Publisher: Balu Publications

    Pages: 134
    Language: English
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Description

’Banking Glossary for IBPS’ is a special book from the renowned publishers Balu Publications. This book tells us about the Banking terms and glossary.
Abo : Abo is an abbreviation for the term 'Accumulated Benefit Obligation'. It is basically the measure of the liability of the pension plan of an organization and is calculated when the pension plan is to be terminated.
Billing Cycle: A Billing Cycle is a time period that covers the credit statement that usually lasts for 25 days.
Co-Borrower: The Co-Borrower is a person who signs a promissory note as a guarantee that the loan would be repaid. Thus the Co- Borrower plays the role of a guarantor and is equally responsible for the loan.

Preview download free pdf of this English book is available at Banking Glossary For IBPS