What is an ACH transaction?

Answer An ACH transaction is a direct electronic transfer of funds from one bank to another. The term ACH stands for automated clearing house, and all ACH transactions are processed through an electronic ... Read More »

Top Q&A For: What is an ACH transaction

What Is Transaction Brokerage?

Transaction brokerage is a type of concurrent representation used in real estate transactions where a broker or agent represents both the seller and buyer in the same transaction. In transaction br... Read More »

What is an ACH transaction at a bank?

An ACH payment is a financial transaction handled through the Automated Clearing House (ACH). These payments can be one-time or recurring. They are quick, safe and easy to facilitate. Many people u... Read More »

What is a general ledger transaction?

Accountants track revenue, expenses, profit, assets, liabilities and equity changes in the daily flow of business. All tracking entries are made in a general ledger (GL) book and called GL transact... Read More »

What is a private securities transaction?

A private securities transaction occurs when an employee participates in executing a securities' transaction independent of his employer, but with prior written approval from his employer.Rule 3040... Read More »