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February 13, 2020

Bearer Bond

What is Bearer Bond?DefinitionA bearer bond is a bearer or holder owned fixed-income security. Just like the bearer share which is a physical stock certificate owned by a current holder, a bearer...

February 18, 2020

Bank Identification Number (BIN)

What is Bank Identification Number (BIN)?Definition A bank identification number (BIN) refers to the first four to six numbers reflected on a bank-issued card. The first digit of the BIN represen...

February 18, 2020

Bank Statement

What is a Bank Statement?DefinitionA bank statement, also known as account statement, is a financial term used to refer to a confidential document that is sent from a bank to its account holders every...