b c d e f g h i j k l m n o p q r s t u v w y z search |
TeachMeFinance.com - explain Return historic definition...
Return -- The term return is used as a synonym for report,
as, for instance, the return of earnings of a railroad or industrial
company.
The term return is also used as a synonym for statement,
as the return (statement) of the financial condition of a bank
or other corporation.
The term return is also used to signify the yield of securities
(stocks and bonds ) in dividends or interest. See Income
basis.
The term return as used "at the Banker's Clearing House in
London means an article (check, or draft or other paper calling
for payment) which the bank to which it was presented
for payment returned because there were not funds to meet it
or because it was not properly indorsed or for some other
reason.
Also see Bank of England return.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer. |