Automated Clearing House

Definition:

Electronic clearing and settlement system for exchanging electronic transactions among participating depository institutions; such electronic transactions are substitutes for paper checks and are typically used to make recurring payments such as payroll or loan payments. The Federal Reserve Banks operate an automated clearinghouse, as do some private sector firms.

Related terms:

Financial Executives International

Personal financial statements

Useful articles:

»	How to Attract Media Attention
»	Is There Life After eBay?
»	Increase Sales by Building Credibility
»	Common Sense Marketing

Spouse Work

This calculator shows the additional income that a working spouse can earn and the expenses

Net Worth

This calculator will help you to determine your assets and liablilities and your Net Worth

Adjusted Cost

Computes the average cost base (or cost per share) for a series of stock or mutual fund purchases.

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Career

When A Door Opens...Go Through It

Recently, I had the pleasure of interviewing Ambassador Linda Tarr-Whelen who spoke at the Annual Reception of the Wisconsin Women’s Business Initiative Corporation. WWBIC is a nationa... [ more... ]

Business & Financial

What Paper or Computer Files Should You Keep?

As business people we must deal with a great deal of paper and inform... [ more... ]

Marketing

Clothes in Your Closet Make Your Career

As you look back this past year at your career, now is a good time to re-evaluate your direction. Are you aspiring for a promotion? Do you have the desire to make more money? Will your job create m... [ more... ]