Glossary - economic terms

Bank transfer

banking operation that virtually transfer a quantity of money from one bank account to another. It can be done either by going to the door of your bank, and through the internet, if you have the right to make use of internet banking.

 

Postal

sheet of paper pre-printed with which, in a post office, you make a payment to another postal account.

 

Credit card

piece of plastic 8.5 x 5.4 cm, to which an electronic identification chip is applied, linked to a current account, which allows the transfer of money from their account to another with the simple passage of the paper on a recognizer.

Providing the number of your credit card, you can make online payments. They are available to users of prepaid cards, which limit the electronic theft.

 

Bank account

open virtual box at a bank branch that allows the traffic of money, both paper and electronic. It allows, among the most important operations, to make and receive payments using the credit card and checks.

It is used as a piggy bank, in which channel the savings, although in recent years has increased its importance thanks to the domiciliary services of the bills and the automatic crediting of salary.

 

Deposit account

Agreement between the publisher and the bookseller that provides for the sale of one or more books, but the payment will be made only after the bookseller will have resold the product. If it fails to sell at a fixed period, in case of a specific agreement with the publisher, the bookseller can ask for a different book in exchange.

 

Account sales

Agreement between the publisher and the bookseller that provides the grant of one or more books, in order to sell them without having them paid in advance, but only those sold by welding.

Unsold items will be returned to the publisher, with the borne shipping the bookseller.

 

Mark

Method of payment that provides the balance of the invoice as soon as the courier delivered the product. The amount, in cash, it relies on the courier.

 

IBAN

It stands for International Bank Account Number, is used to identify the world's current account.

It consists, for Italy, 27 characters, as follows:

- Two letters regarding the nation of riferimemto (IT for Italy

- Two digits control, indicating the CIN code (internal control number)

- A letter, indicating the Italian CIN code (internal control number)

- Five numbers, indicating the code ABI (Italian Banking Association)

- Five numbers, indicating the CAB code (sort code)

- Twelve characters, indicating the bank account in question.

 

internet banking

Service runs via the Internet, which allows you to independently perform some banking functions and from home on their own. It serves primarily to reduce the cost of staff assigned to the bank teller, but very useful for those who frequently use the issue of subsidies, credits, debits and tends to check their balance soventemente.

The operations that can be performed have a lower than traditional cost, so, using it, is also a financial advantage.

 

Prepayment

Form of payment before providing the balance of the invoice and, once payment is received, we will proceed to send the product. It is the most widely used on the internet transaction method.

 

Pay pal

Secure payment system that allows you to send and receive payments through the use of a credit card linked to your e-mail address, without the need to connect to the portal of your bank or go to the counter.

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