PPA in Banking Meaning
The PPA meaning in Banking terms is "Pooled Purchase Agreement". There are 10 related meanings of the PPA Banking abbreviation.
PPA on Banking Full Forms
- Pooled Purchase Agreement PPA may also refer to an agreement between investors for the purchase of a pool of securities, such as stocks, bonds, or other financial instruments. The PPA outlines the terms of the transaction, including the price, payment terms, and other details.
- Personal Property Appraisal PPA may refer to an appraisal of personal property, such as jewelry, artwork, or other valuables, that are used as collateral for a loan. The appraisal helps the lender determine the value of the collateral in order to assess the loan risk and set the terms of the loan.
- Prepayment Allowance PPA may refer to a fee charged by lenders to borrowers who pay off a loan before the end of the loan term. This fee compensates the lender for the interest they would have earned if the borrower had made payments for the full loan term.
- Prepaid Account A prepaid account is a type of bank account that is funded in advance, either through direct deposit or cash load, and is designed to be used for specific purposes such as paying bills, making purchases, or withdrawing cash. Prepaid accounts typically come with a debit card or other payment method that can be used to access the funds in the account. They are often used by people who do not have traditional bank accounts or who want to budget and manage their finances more effectively. Prepaid accounts may have different fees and features than traditional bank accounts, so it is important to read the terms and conditions carefully before opening one.
- Portfolio Purchase Agreement PPA may also refer to an agreement between two financial institutions or investors for the purchase of a portfolio of loans or other assets. The PPA outlines the terms of the transaction, including the price, payment terms, and other details.
- Penyisihan Penghapusan Aset Penyisihan Penghapusan Aset is an Indonesian term that translates to "Provision for Asset Write-Off" in English. In accounting, it refers to the amount of money that a company sets aside to cover the anticipated loss on the disposal or write-off of an asset. This provision is recorded as an expense in the company's financial statements and is used to reduce the carrying value of the asset. The provision for asset write-off is usually determined based on the asset's current market value and the estimated costs associated with disposing of or writing off the asset. The purpose of this provision is to ensure that a company's financial statements accurately reflect the value of its assets and liabilities, and to provide a more realistic picture of the company's financial position.
- Public Private Partnership Accounting PPA may refer to a system of accounting used to manage financial transactions and reporting related to public-private partnerships. This system is designed to ensure transparency and accountability in these types of partnerships.
- Preferred Provider Agreement PPA may also refer to an agreement between a bank or other financial institution and a vendor or service provider, such as a software company or marketing agency. The PPA outlines the terms of the partnership, including pricing, service level agreements, and other details.
- Permissible Purpose Affidavit PPA refer to a legal document that confirms that a credit report is being requested for a permissible purpose, such as for a loan application or employment screening. The PPA helps protect the individual's privacy by ensuring that the credit report is not being used for unauthorized purposes.
- Public-Private Alliance PPA may also refer to a partnership between a public entity, such as a government agency, and a private organization, such as a bank or financial institution. PPAs are often used to fund large-scale infrastructure projects or other initiatives that require significant financial resources.
Frequently Asked Questions (FAQ)
What does PPA stand for Banking?
PPA stands for Preferred Provider Agreement in Banking terms.
What is the shortened form of Penyisihan Penghapusan Aset in Banking?
The short form of "Penyisihan Penghapusan Aset" is PPA for Banking.
Citation
PPA in Banking. Acronym24.com. (2023, April 6). Retrieved June 26, 2024 from https://acronym24.com/ppa-meaning-in-banking/
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