Terms: Important Banking Terms It’s very important for

Important Banking Terms It’s very important for you to know and understand the different banking terminologies and terms used by banks and other financial institutions so that you can perform them with ease. Here is a list of 92 important banking terms and definitions in alphabetical order for your help: Account Statement: It refers to the document that contains records of all your banking transactions that happened between you and third parties in a given period of time. Banks usually ... Check 36 basic and important terms /terminologies commonly used in banks. Knowing these terms will help you during any banking process. Visit now. Terms definition: (usually specified prenominally) the actual language or mode of presentation used. See examples of TERMS used in a sentence. Terms are conditions of payment, such as the due date or discount offered for payment within a certain period, usually printed on an invoice. Collins COBUILD Key Words for Retail. Copyright © HarperCollins Publishers.