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In finance, the term "exchequer" usually refers to a national or royal treasury. An exchequer amount would be the monetary amount contained within a specific exchequer.

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Q: Define an exchequer account
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Define current account and call account?

Current Account is an all-in-one transactional account for your day-to-day business banking needs. Call accounts are ideal for funds you may need in the near future, as they combine easy access to your funds with competitive interest rates.


What is a cash overdraft?

Bank Overdraft is a facility wherein a bank customer can withdraw more money than what is actually available in his/her account. Let us say I have an overdraft account with ICICI Bank and have only Rs. 5000 in my account, I can withdraw even 15000 or 20000 from my account. I will have to repay this money that I took from them in future or else they will charge me an interest. The bank will also set an Overdraft limit which will define how much money over and above my bank balance I can withdraw.


How does overdraft work?

Bank Overdraft is a facility wherein a bank customer can withdraw more money than what is actually available in his/her account. Let us say I have an overdraft account with ICICI Bank and have only Rs. 5000 in my account, I can withdraw even 15000 or 20000 from my account. I will have to repay this money that I took from them in future or else they will charge me an interest. The bank will also set an Overdraft limit which will define how much money over and above my bank balance I can withdraw.


What is bank overdraft?

Bank Overdraft is a facility wherein a bank customer can withdraw more money than what is actually available in his/her account. Let us say I have an overdraft account with ICICI Bank and have only Rs. 5000 in my account, I can withdraw even 15000 or 20000 from my account. I will have to repay this money that I took from them in future or else they will charge me an interest. The bank will also set an Overdraft limit which will define how much money over and above my bank balance I can withdraw.


What is meant by a bank overdraft?

Bank Overdraft is a facility wherein a bank customer can withdraw more money than what is actually available in his/her account. Let us say I have an overdraft account with ICICI Bank and have only Rs. 5000 in my account, I can withdraw even 15000 or 20000 from my account. I will have to repay this money that I took from them in future or else they will charge me an interest. The bank will also set an Overdraft limit which will define how much money over and above my bank balance I can withdraw.

Related questions

Who is the present Chancellor of the Exchequer?

The Chancellor of the Exchequer (often just called the Chancellor) is the MP who is in charge of the Budget. The "Exchequer" is the government's official bank account at the Bank of England, where money raised from taxes gets stored. This office is currently held by George Osbourne MP. The Lord Chancellor is in charge of the House of Lords and the Courts. This office is currently held by Kenneth Clark MP.


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Exchequer of the Jews ended in 1290.


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Exchequer of Pleas ended in 1880.


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Exchequer of Chester ended in 1830.


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Exchequer of Ireland ended in 1817.


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Exchequer of Ireland was created in 1210.


When did Court of Exchequer - Scotland - end?

Court of Exchequer - Scotland - ended in 1856.


What was the name of the chancellor of the exchequer in 1765?

George Grenville was Chancellor until 16th July 1765, then William Dowdeswell for the rest of the year. Alistar Darling is the current chanellor of the exchequer Alistar Darling is the current chanellor of the exchequer Alistar Darling is the current chanellor of the exchequer Alistar Darling is the current chanellor of the exchequer


Who is the Chancellor of the Exchequer 2010?

George Osborne was the chancellor of the exchequer in 2010.


When did John Smith - Chancellor of the Exchequer - die?

John Smith - Chancellor of the Exchequer - died in 1723.


When did Thomas Fanshawe - remembrancer of the exchequer - die?

Thomas Fanshawe - remembrancer of the exchequer - died in 1601.


When was Thomas Fanshawe - remembrancer of the exchequer - born?

Thomas Fanshawe - remembrancer of the exchequer - was born in 1533.