|Payable through drafts|
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: investment, inventory, tax advisor, finance, inventory control, financial advisor, money, credit,
Also see related: buy home, home buyer, financing, homebuying, credit, insurance, home financing, first time homebuyer, home insurance,
Definition of Payable through drafts
Payable through drafts
A method of making payment that is used to maintain control over payments made
Money owed to suppliers.
Amounts a company owes to creditors.
Amounts owed by the company for goods and services that have been received, but have not yet been paid for. Usually Accounts payable involves the receipt of an invoice from the company providing the services or goods.
Short-term, non-interest-bearing liabilities of a business
Acurrent liability on the balance sheet, representing short-term obligations
Amounts due to vendors for purchases on open account, that is, not evidenced
The number of days it would take to pay the ending balance
Expenses that have to be recorded in order for the financial statements to be accurate. Accrued expenses usually do not involve the receipt of an invoice from the company providing the goods or services.
The account that records the short-term, noninterest-
Mortgage pass-through securities whose principal and interest payments are
Amounts owed by the company that have been formalized by a legal document called a bond.
Also called private-label pass-throughs, any mortgage pass-through security not
An account for the investment credit to show all income statement benefits of the credit
The practice of reporting to shareholders using straight-line depreciation and
Agency pass-throughs that guarantee the timely payment of both interest and
The amount of interest that is owed but has not been paid at the end of a period.
Amounts that have been loaned to the company and that it still owes.
Agency pass-throughs that guarantee (1) timely interest payments and (2) principal
Mortgage pass-through security
Also called a passthrough, a security created when one or more mortgage
Amounts owed by the company that have been formalized by a legal document called a note.
Pass-through coupon rate
The interest rate paid on a securitized pool of assets, which is less than the rate
The net interest rate passed through to investors after deducting servicing, management,
A pool of fixed-income securities backed by a package of assets (i.e. mortgages)
Related: Accounts payable.
Payroll taxes payable
The amount of payroll taxes owed to the various governments at the end of a period.
Related: Conventional pass-throughs.
Salaries that are owed but have not been paid at the end of a period.
the total completed and sold output of a plant during a period
An agreement to put a specified amount of product per period through a particular
Sales revenue less the cost of materials.
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.