What is Cheque Administrativo?
In this glossary, Cheque Administrativo refers to: A check guaranteed by the issuing bank, which verifies that sufficient funds exist and sets aside the amount for payment, ensuring payment to the recipient.
How is Cheque Administrativo used in finance?
In finance communication, this term appears in contexts such as: "Cheque administrativo garante o pagamento pois o banco reserva o valor."
Why does Cheque Administrativo matter in finance?
Cheque Administrativo matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Cheque Administrativo?
Cheque Administrativo is mainly used by Financial Analysts, Bankers, and Traders.
What category does Cheque Administrativo belong to?
In this glossary, Cheque Administrativo is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.