A bank failure is the closing of a bank by a federal or state banking regulatory agency. Blood Bank Guy I created Blood Bank Guy in 1998 as a way to teach the essentials of Transfusion Medicine to those who are "learners" in the field. An Abbreviation is a version of one or two more word. This brochure deals with the failure of "insured banks." 'Buy It Now' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. Generally, a bank is closed when it is unable to meet its obligations to depositors and others. Dr means debit. Cr means credit. Suppose a business man has a bank account. Full Forms related to all categories like Academic and Science, Business, Finance, Community, Computing, Governmental, Internet, Miscellaneous, Regional, Medical, Sports and International with hundreds of sub categories with described abbreviations with Full Forms list. Find out what is the full meaning of BIN on Abbreviations.com! If you are looking for help, you are in the right place! Some Abbreviation are Follows: List of Commonly Used Word Abbreviation If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly. These Abbreviation words are important for General Awareness and These Abbreviation may also asked in any competitive Exam. Looking for the definition of BIN? Any upward revision in Bank Rate by central bank is an indication that banks should also increase deposit rates as well as Base Rate / Benchmark Prime Lending Rate. To keep a record of business transactions, a Bank Reconciliation Statement (BRS) comes into play.Bank Reconciliation Statement is a statement which records differences between the bank statement and general ledger.The amount specified in the bank statement issued by the bank and the amount recorded in the organizationâs accounting book maintained by Chartered Accountant might differ. Emotional freedom technique (EFT) is an alternative treatment for physical pain and emotional distress. Itâs also referred to as tapping or psychological acupressure. The UTGST Act expands to Union Territory Goods and Service Tax. Learn how to spot and sidestep online lending, check overpayment and other forms of bank fraud. By Maryalene LaPonsie , Contributor March 8, 2019 By Maryalene LaPonsie , ⦠An Abbreviation is a short form of the word. Also he will maintain a cash book of his own to record his day to day cash transactions and at the year end balance of cash book and bank account passbook should tally. Bank Rate is the rate at which central bank of the country (in India it is RBI) allows finance to commercial banks. Bank Rate is a tool, which central bank uses for short-term purposes. Browse and search thousands of Banking Abbreviations and acronyms in our comprehensive reference resource. Here we are publishing some words abbreviation. Login . 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