Glossary Of Terms
| A-B | C-D | E-F | G-H | I-J | K-L | M-N | O-P | Q-R | S-T | U-V | W-X | Y-Z |
© alan chapman 2001-4 www.businessballs.com
share capital
The balance sheet nominal value paid into the company by shareholders at the time(s) shares were issued.
shareholders' funds
A measure of the shareholders' total interest in the company represented by the total share capital plus reserves.
t/t (telegraphic transfer)
Interntional banking payment method: a telegraphic transfer payment, commonly used/required for import/export trade, between a bank and an overseas party enabling transfer of local or foreign currency by telegraph, cable or telex. Also called a cable transfer. The terminology dates from times when such communications were literally 'wired' - before wireless communications technology.
