O que e Cheque Administrativo?
Cheque Administrativo A check guaranteed by the issuing bank, which verifies that sufficient funds exist and sets aside the amount for payment, ensuring payment to the recipient.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Cheque Administrativo” Used in Practice?
Cheque administrativo garante o pagamento pois o banco reserva o valor.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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O que e Cheque Administrativo?
A check guaranteed by the issuing bank, which verifies that sufficient funds exist and sets aside the amount for payment, ensuring payment to the recipient.
Where can I learn this term for free?
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