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1. Retail bank is a type of bank which provides services to individual customer such as personal loans, standing order(SO), debit card, credit card,….. 2. Investment bank is a type of bank which assists large, international companies in raising capital from market. 3. Buiding society is savings bank or mutual or mortgage bank where every customer who has an account is an owner and member of the society. 4. Supermarket bank is type of the bank which provides financial services for their customers who visit them regurlary. 5. Commercial bank is a type of bank which mostly focus on small or medium sized business , provide a range of accounts for managing a company ‘s cash flow, as well as overdraft facilities, loans, and specialist forms of finance, such as factoring and leasing. 6. Internet bank is a type of bank which have no branches and only exist on the internet ( offer banking services to individuals only the internet). 7. A public company is a limited liability company that offers it securities for sale to the general public, typically through a stock exchange. 8. A stock index: a type of index represents the market value of a group of companies. 9. Stock market is the place where shares are traded and the business raise more capital. 10.Right issue means issuing more new shares. 11.Shareholder is a person who has right to vote at the annual company meeting (AGM) 12.Secondary market where securities are traded after initially offered in the primary market. 13.Market capitaliazation is the total value of the issued shares of a policy traded company. 14.Turnover: the total amount of goods or services sold by a company during a particular period of time. 15.A dividend is a payment made by a company to its shareholders, usually is as a distribution of profits. 16. Mortgage : is a mount of money which is lent to buy property 17.A loan officer is a person work in a bank and respond to customers who want to borrow money. 18. Analyst is a person whose job involes examining information about particular companies market,….in order to judge their value.
19. Accountant is a person whose job is to keep or check financial accounts 20.Auditor is a person who official examines the business and financial records of a company 21.Bookeeping is the recording of financial transactions include purchases, sales, receipts and payment by an individual or organization. 22.Accountancy is the production of financial records about an organization. Accountancy generally produces financial statements that show in money terms the economic resources under the control of management, selecting information that is relevant and representing it faithflully. 23.Tax is money that you have to pay the government so that it can pay for public services. People pay tax according to their income and businesses pay tax according to their profits. Tax is also often paid on goods and services. 24.Management account is a account which is prepared monthly, weekly (in a big company), isn’t published outside the company, provide information for controlling the business, give an up-to-date statement of the company’s current financial trading. 25.Statutory financial account is a account which is prepared annually, is published for regulator, shareholders to inspect, include: balance sheet, income statement, cashflow statement..

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Denifitions

  • 1. 1. Retail bank is a type of bank which provides services to individual customer such as personal loans, standing order(SO), debit card, credit card,….. 2. Investment bank is a type of bank which assists large, international companies in raising capital from market. 3. Buiding society is savings bank or mutual or mortgage bank where every customer who has an account is an owner and member of the society. 4. Supermarket bank is type of the bank which provides financial services for their customers who visit them regurlary. 5. Commercial bank is a type of bank which mostly focus on small or medium sized business , provide a range of accounts for managing a company ‘s cash flow, as well as overdraft facilities, loans, and specialist forms of finance, such as factoring and leasing. 6. Internet bank is a type of bank which have no branches and only exist on the internet ( offer banking services to individuals only the internet). 7. A public company is a limited liability company that offers it securities for sale to the general public, typically through a stock exchange. 8. A stock index: a type of index represents the market value of a group of companies. 9. Stock market is the place where shares are traded and the business raise more capital. 10.Right issue means issuing more new shares. 11.Shareholder is a person who has right to vote at the annual company meeting (AGM) 12.Secondary market where securities are traded after initially offered in the primary market. 13.Market capitaliazation is the total value of the issued shares of a policy traded company. 14.Turnover: the total amount of goods or services sold by a company during a particular period of time. 15.A dividend is a payment made by a company to its shareholders, usually is as a distribution of profits. 16. Mortgage : is a mount of money which is lent to buy property 17.A loan officer is a person work in a bank and respond to customers who want to borrow money. 18. Analyst is a person whose job involes examining information about particular companies market,….in order to judge their value.
  • 2. 19. Accountant is a person whose job is to keep or check financial accounts 20.Auditor is a person who official examines the business and financial records of a company 21.Bookeeping is the recording of financial transactions include purchases, sales, receipts and payment by an individual or organization. 22.Accountancy is the production of financial records about an organization. Accountancy generally produces financial statements that show in money terms the economic resources under the control of management, selecting information that is relevant and representing it faithflully. 23.Tax is money that you have to pay the government so that it can pay for public services. People pay tax according to their income and businesses pay tax according to their profits. Tax is also often paid on goods and services. 24.Management account is a account which is prepared monthly, weekly (in a big company), isn’t published outside the company, provide information for controlling the business, give an up-to-date statement of the company’s current financial trading. 25.Statutory financial account is a account which is prepared annually, is published for regulator, shareholders to inspect, include: balance sheet, income statement, cashflow statement..