Finance

Finance

1. Capital- money or assets owned by someone can be referred to funds provided by shareholders; not their custmoers

2. (CVV) Card Verification value are three numbers on the back of a credit or debit card used for security reasons to prevent fraud so they can identify when someone isn't the card holder

3. Cash - Back is offered by some retailers when a customer pays by card. The retailer gives them cash an debits amount of cash handed over from customers payment card

4. Cashback Card gives a cardholder a percentage of value of transactions made with card in form of cash.

5. Cash flow forecast a plan of expected incomings and outgoings over several time periods such as three months etc.

6. Cash card is a card which is used to withdraw cash from ATMS or branch counters

7. CASH ISA an account which pays interest tax free on cash savings up till a certain level

8. CHAPS same day payment system for high value transactions such as house purchase

9. Charge card is a credit card which must be repaid in full amounts every month

10. Cheque is a written instruction telling a provider to pay a specific amount to a person or organisation