Finance

Description

A level finance Mind Map on Finance, created by Saman Hussain on 21/02/2017.
Saman Hussain
Mind Map by Saman Hussain, updated more than 1 year ago
Saman Hussain
Created by Saman Hussain almost 8 years ago
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Resource summary

Finance
  1. Capital- money or assets owned by someone can be referred to funds provided by shareholders; not their custmoers
    1. (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
      1. 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
        1. Cashback Card gives a cardholder a percentage of value of transactions made with card in form of cash.
          1. Cash flow forecast a plan of expected incomings and outgoings over several time periods such as three months etc.
            1. Cash card is a card which is used to withdraw cash from ATMS or branch counters
              1. CASH ISA an account which pays interest tax free on cash savings up till a certain level
                1. CHAPS same day payment system for high value transactions such as house purchase
                  1. Charge card is a credit card which must be repaid in full amounts every month
                    1. Cheque is a written instruction telling a provider to pay a specific amount to a person or organisation
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