banking products

• cheque is a document that orders the bank to pay the amount specified to the recipient's account
• cash dispenser is machine in or outside a bank or other building from which you can get money from your bank account
• current account is the exchange of goods and services is recorded for the current period
• Investment advice is any recommendation or guidance that attempts to educate, inform, or guide an investor.
• overdraft is an agreement that allows you to keep making payments even when there is no money in the business bank account
• A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money.
• A loan is a sum of money that one or more individuals or companies borrow from banks or other financial institutions so as to financially manage planned or unplanned events.
• A pension is a fixed retirement fund for an employee paid as a regular income at regular intervals during his post-retirement years
• A mortgage is an agreement between you and a lender that gives the lender the right to take your property if you fail to repay the money you've borrowed
• A standing order is an automated payment method set up by a customer through their bank. 
• A liability is something a person or company owes, usually a sum of money
• A transfer is the movement of assets, funds, or ownership rights from one place to another
• A person who is making a deposit with the bank is called a depositor
• Liquidity refers to the company's ability to pay off its short-term liabilities 
• the spread refers to the difference or gap that exists between two prices, rates, or yields.
• Wages are compensation paid to an employee in exchange for their time and labor
• optimize - to improve efficiency and reduce cost, to make something as good as possible
• fluctuations are increases and decreases in economic activity
• plummet - to go down in amount or value very quickly and suddenly
• halve - to go down to half of a previous amount
• debit card - a card allowing the holder to transfer money electronically from their bank account when making a purchase.
• direct debit - an arrangement made with a bank that allows a third party to transfer money from a person's account on agreed dates, typically in order to pay bills.
• money order - a printed order for payment of a specified sum
• Equity stake -  the amount of ownership of a company owned by a person, organization or group of owners
• Stock Market - It is a place where shares of pubic listed companies are traded.
• annual turnover is the complete sum of sales made by a business in a year