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What is the difference between Payments-Liquidation(Disbursements) & Dividend Warrants Liquidation? Both of these products comes under Cash Management services

  
Total Answers and Comments: 1 Last Update: November 05, 2009     Asked by: vinod 
  
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November 05, 2009 05:09:53   #1  
infantpragash Member Since: November 2009   Contribution: 3    

RE: What is the difference between Payments-Liquidation(Disbursements) & Dividend Warrants Liquidation? Both of these products comes under Cash Management services
Payments: The partial or complete discharge of an obligation by its settlement in the form of transfer of funds.
Liquidation: The winding up of a business or a firm by its members or its creditors.

 
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