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In the United Kingdom, a dormant company is a company whose transactions have been limited to payment for shares taken by subscribers to the memorandum of association, fees paid to the Registrar of Companies for a change of company name, the re-registration of a company, filing a confirmation statement and payment made in respect of civil penalties imposed by the Registrar of Companies for ...
Using multiple bank accounts can be a good way to separate funds for different financial goals. However, if you forget about one of those accounts it could end up falling dormant. A dormant bank ...
Dormant, a heraldry attitude signifying a sleeping animal with head resting upon paws Dormant title, an hereditary title of nobility or baronetcy for which the rightful claimant has yet to be found Dormant, an order of knighthood which is no longer conferred
Pages in category "Banking terms" The following 146 pages are in this category, out of 146 total. This list may not reflect recent changes. 0–9. 3-6-3 Rule; A.
This is a list of abbreviations used in a business or financial context. This list is incomplete; you can help by adding missing items. (August 2008
If there remains a positive dormant balance in a clients trust account at the end of a matter, the client is entitled to the return of that trust money as soon as practicable. In 2012 South Australian Law Society director of Professional Standards, Ros Burke, advised practitioners that they could use the Unclaimed Money Act to clear the balance.
A savings account is a bank account at a retail bank. Common features include a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn.
De-banking, more commonly spelled debanking, also known within the banking industry as de-risking, is the closure of people's or organizations' bank accounts by banks that perceive the account holders to pose a financial, legal, regulatory, or reputational risk to the bank.