Explore topic-wise fullforms in Accounts and Finance

INFO: Full form for HV is High Volume in Accounts and Finance category
HV also has other full forms in other categories mentioned below.

INFO: Full form for FV is Flat Value in Accounts and Finance category
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INFO: Full form for FV is Future Value in Accounts and Finance category
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INFO: Full form for NBE is Net Business Exposure in Accounts and Finance category
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INFO: Full form for WO is Write Off in Accounts and Finance category
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A volumetric production payment (VPP) deal is a means of financing that has been used in the oil and gas industry for several decades. A VPP involves the owner of an oil and gas property selling a percentage of their production in exchange for an upfront cash payment. Typically, smaller exploration and production companies are seen utilizing VPP agreements as it allows them to raise capital while retaining full ownership of their property and not diluting their company’s equity position.

INFO: Full form for NBP is New Business Premium in Accounts and Finance category
NBP also has other full forms in other categories mentioned below.

INFO: Full form for OE is Operating Expenses in Accounts and Finance category
OE also has other full forms in other categories mentioned below.

INFO: Full form for OE is Open Entry in Accounts and Finance category
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INFO: Full form for MSU is Monthly Summaries Untrimmed in Accounts and Finance category
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INFO: Full form for ACMB is Accounting Control Management Behavior in Accounts and Finance category
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INFO: Full form for AICB is Associate of The Institute of Certified Book-keepers in Accounts and Finance category
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INFO: Full form for FIDO is Financial Information Delivered Online in Accounts and Finance category
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INFO: Full form for FCIB is Fellow of The Chartered Institute of Bankers in Accounts and Finance category
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INFO: Full form for FBO is For The Benefit of .... in Accounts and Finance category
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INFO: Full form for FBO is Final Buy Out in Accounts and Finance category
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INFO: Full form for EFTS is Electronic Funds Transfer System in Accounts and Finance category
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INFO: Full form for FBOI is Fully Burdened Operating Income in Accounts and Finance category
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INFO: Full form for JIB is Joint Interest Billing in Accounts and Finance category
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INFO: Full form for P&L is Profit and Loss Statement in Accounts and Finance category
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INFO: Full form for MPBF is Maximum Permissible Bank Finance in Accounts and Finance category
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INFO: Full form for MICB is Member of The Institute of Certified Book-keepers in Accounts and Finance category
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The Financial Reporting Council (FRC) of Nigeria , formerly the Nigeria Accounting Standards Board (NASB), is an organization charged with setting accounting standards in Nigeria. On Thursday, May 6, 2021, Shuaibu Adamu Ahmedwas inaugurated by the Minister of Industry, Trade and Investment, Adeniyi Adebayo as the Executive Secretary/Chief Executive Officer of FRC.

INFO: Full form for PIFI is Personally Identifiable Financial Information in Accounts and Finance category
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INFO: Full form for MIBOR is Mumbai Inter-bank Offered Rate in Accounts and Finance category
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INFO: Full form for QE is Quick Estimate in Accounts and Finance category
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INFO: Full form for PSNB is Public Sector Net Borrowing in Accounts and Finance category
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INFO: Full form for SEPP is Simplified Employee Pension Plan in Accounts and Finance category
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An International Banking Facility (IBF) is a separate account established by a U.S. bank, or a US branch/subsidiary of a foreign bank, or an Edge Act Corporation in the United States to offer services to only non-US residents and institutions. The services offered include deposit and loan services. (Note, an IBF is not necessarily a separate legal entity.)

Banks may maintain IBFs in their existing quarters, but the IBF's accounting must be separate from the bank's main books. Deposit and loan services provided by IBFs are free of Federal Reserve System reserve requirements, and are not insured by the Federal Deposit Insurance Corporation. Thus, deposits may earn greater interest than deposits made by U.S. residents.

The IBF concept was initially proposed to the Federal Reserve Board of Governors by the New York Clearing House association in July 1978. It took until June 18, 1981 until the Board of Governors approved establishment of IBFs from December 3. IBFs were established to attract some of the money flowing out to offshore banking centers.

In the early 1980s, New York competed with other states, such as Florida, to attract IBF business. For instance, New York exempted the income of an IBF from New York bank franchise tax. Florida, in turn, exempted the income of Florida IBFs from Florida corporate income tax and also allowed Florida IBFs to deduct their losses.

The International Bank Account Number (IBAN) is an internationally agreed system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors. An IBAN uniquely identifies the account of a customer at a financial institution. It was originally adopted by the European Committee for Banking Standards (ECBS) and later as an international standard under ISO 13616:1997. The current standard is ISO 13616:2020, which indicates SWIFT as the formal registrar. Initially developed to facilitate payments within the European Union, it has been implemented by most European countries and numerous countries in other parts of the world, mainly in the Middle East and the Caribbean. As of May 2020, 77 countries were using the IBAN numbering system.

The IBAN consists of up to 34 alphanumeric characters comprising a country code; two check digits; and a number that includes the domestic bank account number, branch identifier, and potential routing information. The check digits enable a check of the bank account number to confirm its integrity before submitting a transaction.

INFO: Full form for MFA is Material Funding Allocation in Accounts and Finance category
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INFO: Full form for BFA is Business, Finance and Accountancy in Accounts and Finance category
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INFO: Full form for DCM is Debt and Cash Management in Accounts and Finance category
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INFO: Full form for DSM is Direct Sales Margin in Accounts and Finance category
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INFO: Full form for DMM is Daily Money Management in Accounts and Finance category
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