Commercial Banking - Law Dictionary Search Results
commercial bank
Matched in: Term commercial bank
Bank
or partnership consisting of more than ten members shall be formed for the purpose of carrying on a banking business unless it is registered under the Act or formed in pursuance of an Act of Parliament or … Bank, Commercially it is a place where money is deposited for the purpose of being lent out at interest, returned
bank
payor bank that is handling for collection a negotiable instrument or a promise or order to pay money commercial bank : a bank organized chiefly to handle the everyday financial transactions of businesses (as through deposit accounts … of money, for the extension of credit, and for facilitating the transmission of funds branch bank : a banking facility that is a separate but dependent part of a chartered bank ;esp : a facility that performs
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Service
available to potential users and includes the provision of services in connection with business of any industrial or commercial matters such as banking, communication, education, financing, insurance, chit funds, real estate, transport, storage, material treatment, processing, supply
Entertain
90,Civil Procedure Code,1908 means 'adjudicate upon' or 'proceed to consider on merits' and not 'initiation of proceeding', Hindusthan Commercial Bank Ltd. v. Punnu Sahu (1971) 3 SCC 124: AIR 1970 SC 1384. [Civil Procedure Code, 1908 (As … Procedure Code,1908 means 'adjudicate upon' or 'proceed to consider on merits' and not 'initiation of proceeding', Hindusthan Commercial Bank Ltd. v. Punnu Sahu (1971) 3 SCC 124: AIR 1970 SC 1384. [Civil Procedure Code, 1908 (As amended
Business
It has no definite meaning. Its perceptions differ from private to public sector or from institutional financing to commercial banking, Mahesh Chandra v. Regional Manager Uttar Pradesh Financial Corpn., AIR 1993 SC 935 (939): (1993) 2 SCC 279.
Under reserve
on demand. The balance of convenience clearly lies in allowing the normal banking transactions to go forward, United Commercial Bank v. Bank of India, AIR 1981 SC 1426 (1440): (1981) 2 SCC 766: (1981) 3 SCR 300.
good faith
no knowledge or reason to know of any defect in the title. In section 1-201 of the Uniform Commercial Code good faith is defined generally as “honesty in fact in the conduct or transaction concerned.” Article 2 … reasonable commercial standards of fair dealing,” a definition which also applies to the provisions of Article 4 on bank deposits and collections and Article 4A on funds transfers. The U.C.C. imposes an obligation of good faith on
Term loan
Term loan, means loan advanced for commercial loans, State Bank of Patiala v. Harbans Singh, (1994) 3 SCC 495. The expression 'term loan' is well … Bank of Patiala v. Harbans Singh, (1994) 3 SCC 495. The expression 'term loan' is well understood in banking parlance. The expression implies the grant of loan for a fixed term. It has no relevance with the
company
company pl: -nies : an association of persons for carrying on a commercial or industrial enterprise compare corporation, partnership finance company : a company that makes usually small short-term loans to … a company that provides surety bonds for a fee trust company : a company and often a commercial bank acting as trustee for individuals and businesses and providing related financial or estate planning services
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