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WR in Banking Meaning

The WR meaning in Banking terms is "War Risk". There are 3 related meanings of the WR Banking abbreviation.

WR on Banking Full Forms

  1. War Risk Insurance coverage for loss of goods resulting from any act of war.
  2. Warehouse Receipts
  3. Warehouse Receipt A receipt of commodities deposited in a warehouse, identifying the commodities deposited. It is non–negotiable if delivery is only permitted to a specified person or firm, but it is negotiable if made out to the order of a person or firm or to a bearer. Endorsement and delivery of a negotiable warehouse receipt serves to transfer the property covered by the receipt and serves to transfer the property covered by the receipt. Warehouse receipts are common documents in international banking. A document that communicates proof of ownership of cargo stored in the warehouse.

Frequently Asked Questions (FAQ)

  1. What does WR stand for Banking?

    WR stands for War Risk in Banking terms.

  2. What is the shortened form of Warehouse Receipt in Banking?

    The short form of "Warehouse Receipt" is WR for Banking.

Citation

WR in Banking. Acronym24.com. (2022, March 25). Retrieved November 24, 2024 from https://acronym24.com/wr-meaning-in-banking/

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