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  2. In kind - Wikipedia

    en.wikipedia.org/wiki/In_kind

    In-kind transfer is a process of moving assets from one brokerage account to another brokerage account without any selling or buying. An in-kind transfer from one brokerage account to another brokerage account is an easier method than liquidating the account into cash. A list of investments that can be transferred in-kind: Stocks; Bonds; Options

  3. Real-time gross settlement - Wikipedia

    en.wikipedia.org/wiki/Real-time_gross_settlement

    RTGS systems are usually operated by a country's central bank as it is seen as critical infrastructure for a country's economy. Economists believe that an efficient national payment system reduces the cost of exchanging goods and services, and is indispensable to the functioning of the interbank, money, and capital markets.

  4. Merit good - Wikipedia

    en.wikipedia.org/wiki/Merit_good

    Lester Thurow claims that merit goods (and in-kind transfers) are justified based on "individual-societal preferences": just as we, as a society, permit each adult citizen an equal vote in elections, we should also entitle each person an equal right to life, and hence an equal right to life-saving medical care. [1]

  5. Like-kind exchange - Wikipedia

    en.wikipedia.org/wiki/Like-kind_exchange

    A like-kind exchange is a type of "non-recognition provision". According to section 1001(c) of the Internal Revenue Code, all realized gains and losses must be recognized "except as otherwise provided in this subtitle". A like-kind exchange is one of the qualified exceptions, serving as the proto-typical "non-recognition provision".

  6. Gifts in kind - Wikipedia

    en.wikipedia.org/wiki/Gifts_in_kind

    Gifts in kind, also referred to as in-kind donations, is a kind of charitable giving in which, instead of giving money to buy needed goods and services, the goods and services themselves are given. Gifts in kind are distinguished from gifts of cash or stock. Some types of gifts in kind are appropriate, but others are not. [1]

  7. Financial transaction - Wikipedia

    en.wikipedia.org/wiki/Financial_transaction

    Credit cards are an example of when credit is used, where the card issuer (usually a bank) gives the customer a line of credit with which they can make purchases. The liabilities the customer accrues with the card are usually paid off at a set date, and any unpaid liabilities create interest for the issuer. [21] Loans and mortgages are examples ...

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    mail.aol.com

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  9. Accounting records - Wikipedia

    en.wikipedia.org/wiki/Accounting_records

    Examples include such items as cancelled checks, paid bills, payrolls, subsidiary ledgers, bank reconciliations. [1] Accounting records can be in physical or electronic formats. In some states, accounting bodies set rules on dealing with records from a presentation of financial statements or auditing perspective. Rules vary in different ...