enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Demand draft - Wikipedia

    en.wikipedia.org/wiki/Demand_draft

    A specimen demand draft. A demand draft (DD) is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee). [1] [2] A demand draft can also be compared to a cheque. However, demand drafts ...

  3. Negotiable instrument - Wikipedia

    en.wikipedia.org/wiki/Negotiable_instrument

    In the Commonwealth of Nations almost all jurisdictions have codified the law relating to negotiable instruments in a Bills of Exchange Act, e.g. Bills of Exchange Act 1882 in the UK, Bills of Exchange Act 1890 in Canada, Bills of Exchange Act 1908 in New Zealand, Bills of Exchange Act 1909 in Australia, [2] the Negotiable Instruments Act, 1881 in India and the Bills of Exchange Act 1914 in ...

  4. Banker's acceptance - Wikipedia

    en.wikipedia.org/wiki/Banker's_acceptance

    Banker's acceptances date back to the 12th century when they emerged as a means to finance uncertain trade, as banks bought bills of exchange at a discount. During the 18th and 19th centuries, there was an active market for sterling banker's acceptances in London.

  5. National Government Administrative Center - Wikipedia

    en.wikipedia.org/wiki/National_Government...

    The National Government Administrative Center (NGAC) is a 200-hectare (490-acre) mixed-used development situated in New Clark City, Capas, Tarlac. It will primarily host facilities for the Philippine government such as offices of various government agencies, government housing units , sport facilities and other support services facilities. [ 2 ]

  6. Negotiable Instruments Act, 1881 - Wikipedia

    en.wikipedia.org/wiki/Negotiable_Instruments_Act...

    On the recommendation of the new Law Commission, the Bill was re-drafted and again it was sent to a Select Committee which adopted most of the additions recommended by the new Law Commission. The draft thus prepared for the fourth time was introduced in the council and was passed into law in 1881 being the Negotiable Instruments Act, 1881 (Act ...

  7. Post-dated cheque - Wikipedia

    en.wikipedia.org/wiki/Post-dated_cheque

    Under the Bills of Exchange and Banking Act 1882, part 10, bills of exchange are payable on demand and in part 13, 'A bill is not invalid by reason only that it is ante-dated or post-dated.' [16] In the United Kingdom, post-dating a cheque carries no legal weight and so such a cheque can be cashed before the due date. However, a bank may refuse ...

  8. Philippine Government Securities - Wikipedia

    en.wikipedia.org/wiki/Philippine_Government...

    Under Philippine laws, GS are classified as securities which are exempt per se from SEC registration and automatically classified as registered securities upon issuance. Financial institutions duly registered with the Philippine Securities and Exchange Commission are automatically eligible to trade and distribute GS.

  9. Warrant of payment - Wikipedia

    en.wikipedia.org/wiki/Warrant_of_payment

    In government finance, a warrant is a written order to pay that instructs a federal, state, or county government treasurer to pay the warrant holder on demand or after a specific date. Such warrants look like checks and clear through the banking system like checks, but are not drawn against cleared funds in a checking account (demand deposit ...