1,018,446,817 visitors served.
1,018,446,817 visitors served. |
|
 Dictionary/ thesaurus |  Medical dictionary |  Legal dictionary |  Financial dictionary |  Acronyms |  Idioms |  Encyclopedia |  Wikipedia encyclopedia | ? |
Concentration account |
Also found in: Wikipedia | 0.01 sec. |
|
Concentration account A single centralized account into which funds collected at regional locations (lockboxes) are transferred. |
|
? Mentioned in | ? References in periodicals archive | |
|---|---|---|
S&K Famous Brands will also use ReconNET to help manage the movement of available cash from accounts in each store's depositing bank to its concentration account. The structural features that mitigate sovereign risk and otherwise enhance the likelihood of payments, as established in the transaction documents, such as debt service coverage triggers, the use of an off-shore collection account controlled by the indenture trustee, and the agreements to be established by Banco Agricola and some of its correspondent banks to make payments on the diversified payment rights into a concentration account controlled by the indenture trustee; and |
 |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|
|---|
Disclaimer |
Privacy policy |
Feedback | Copyright © 2008 Farlex, Inc.
Printer friendly
Cite / link
Email
Feedback
Add definition
Concentration account
