Analytical Credits: A Study in Brief of the Methods Used to Accumulate, Tabulate and Analyze Information for the Protection of Loans and Credit ExtensionsBobbs-Merrill Company, 1921 - 258 pages |
Other editions - View all
Analytical Credits: A Study in Brief of the Methods Used to Accumulate ... Alexander Wall No preview available - 2015 |
Analytical Credits; A Study in Brief of the Methods Used to Accumulate ... Alexander Wall No preview available - 2016 |
Common terms and phrases
actual amount average bankers barometric basis bill of exchange borrowing broker bulk capital carried cash chapter collection column commercial paper comparative comparison condition considerable cost credit grantor credit risk creditors current assets current debt current liabilities current ratio Dear Sir debtor deposit discount dollars draft economic establish fact factor of safety Federal Reserve Act Federal Reserve Bank Federal Reserve Board figures Fixed Assets hundred per cent important increase indicate industry inquiry instances inventory invested Letter liquidity loans member bank ment merchandise ratio non-current assets normal notes operation past due accounts Payable payment percentage period possible practise production profit property statement proportional study purchase ratio method ratio of sales reasonable receivables to merchandise rediscount risk sales terms sales to merchandise sales to receivables secure selling sheet sold statement analysis static ratios tion trade acceptance worth ratio writer
Popular passages
Page 79 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Page 87 - Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than six months...
Page 82 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 78 - States as may be incidental to or for the purpose of carrying out transactions in foreign countries or dependencies or insular possessions of the United States...
Page 79 - Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes...
Page 84 - ... paidup and unimpaired capital stock and surplus, unless the bank is secured either by attached documents or by some other actual security growing out of the...
Page 88 - Provided, however, That the Federal Reserve Board, under such general regulations as it may prescribe, which shall apply to all banks alike regardless of the amount of capital stock and surplus, may authorize any member bank to accept such bills to an amount not exceeding at any time in the aggregate one hundred per centum of its paid-up and unimpaired capital stock and surplus...
Page 79 - That all such notes, drafts, or bills of exchange discounted for any member bank in excess of the amount permitted under such sections shall be secured by not less than a like face amount of bonds or notes of the United States issued since April 24, 1917...
Page 81 - The Federal reserve bank as a condition of the discount of notes, drafts, and bills of exchange for such State bank or trust company, shall require a certificate or guaranty to the effect that the borrower is not liable to such bank in excess of the amount provided by...
Page 80 - Any Federal Reserve Bank may make advances to its member banks on their promissory notes for a period not exceeding fifteen days at rates to be established by such Federal Reserve Banks, subject to the review and determination of the Federal Reserve Board, provided such promissory notes are secured by such notes, drafts, bills of exchange, or bankers...