Definition of Treasurer's check

Treasurer's check

A check issued by a bank to make a payment. treasurer's checks outstanding are counted
as part of a bank's reservable depostits and as part of the money supply.

Depository transfer check (DTC)

check made out directly by a local bank to a particular firm or person.

Preauthorized checks (PACs)

hecks that are authorized by the payer in advance and are written either by
the payee or by the payee's bank and then deposited in the payee's bank account.

Treasurer

The corporate officer responsible for designing and implementing many of the firm's financing
and investing activities.

treasurer

an individual in a corporation who handles the actual
resources of the organization but who does not have
access to the accounting records

treasurer

Manager responsible for financing, cash management, and relationships with financial markets and institutions.

Depository Trust Company (DTC)

dtc is a user-owned securities depository which accepts deposits of
eligible securities for custody, executes book-entry deliveries and records book-entry pledges of securities in
its custody, and provides for withdrawals of securities from its custody.

Electronic depository transfers

The transfer of funds between bank accounts through the Automated
Clearing House (ACH) system.

International Depository Receipt (IDR)

A receipt issued by a bank as evidence of ownership of one or more
shares of the underlying stock of a foreign corporation that the bank holds in trust. The advantage of the IDR
structure is that the corporation does not have to comply with all the regulatory issuing requirements of the
foreign country where the stock is to be traded. The U.S. version of the IDR is the American depository
Receipt (ADR).

MBS Depository

A book-entry depository for GNMA securities. The depository was initially operated by
MBSCC and is currently in the process of becoming a separately incorporated, participant-owned, limitedpurpose
trust company organized under the State of New York Banking Law.

Official unrequited transfers

Include a variety of subsidies, military aid, voluntary cancellation of debt,
contributions to international organizations, indemnities imposed under peace treaties, technical assistance,
taxes, fines, etc.

Preauthorized electronic debits (PADs)

Debits to its bank account in advance by the payer. The payer's
bank sends payment to the payee's bank through the _ACH)Automated Clearing House (ACH) system.

Private unrequited transfers

Refers to resident immigrant workers' remittances to their country of origin as
well as gifts, dowries, inheritances, prizes, charitable contributions, etc.

Transfer agent

ndividual or institution appointed by a company to look after the transfer of securities.

Transfer price

The price at which one unit of a firm sells goods or services to another unit of the same firm.

Transferable put right

An option issued by the firm to its shareholders to sell the firm one share of its
common stock at a fixed price (the strike price) within a stated period (the time to maturity). The put right is
"transferable" because it can be traded in the capital markets.

Unilateral transfers

Items in the current account of the balance of payments of a country's accounting books
that corresponds to gifts from foreigners or pension payments to foreign residents who once worked in the
country whose balance of payments is being considered.

Transfer price

The price at which goods or services are bought and sold within divisions of the same organization, as opposed to an arm’s-length price at which sales may be made to an external customer.

negotiated transfer price

an intracompany charge for goods
or services set through a process of negotiation between
the selling and purchasing unit managers

transfer price

an internal charge established for the exchange
of goods or services between organizational units
of the same company

transfer time

the time consumed by moving products or
components from one place to another

Transfer price

The price at which one part of a company sells a product or service to
another part of the same company.

Transferred-in cost

The cost that a product accumulates during its tenure in another
department that is earlier in the production process.

Transfer Payment

A grant or gift that is not payment for services rendered.

Bin transfer

A transaction to move inventory from one storage bin to another.

Interplant transfer

The movement of inventory from one company location to
another, usually requiring a transfer transaction.

EFT (electronic funds transfer)

Funds which are electronically credited to your account (e.g. direct deposit), or electronically debited from your account on an ongoing basis (e.g. a pre-authorized monthly bill payment, or a monthly loan or mortgage payment). A wire transfer is a form of EFT.

wire transfer

An electronic transmission of money from one place to another. For example, you might request that your bank transfer money from your bank account in Vancouver to the account of a relative in Quebec City. To do this, you would provide the relative’s name and account number, as well as the address of the bank in Quebec City. Your bank would then "wire" the funds, which would usually arrive within a couple of days.

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