CCD (Corporate Credit or Debit)

A CCD entry is a credit or debit entry where funds are being transferred between two corporate entities.

Related Terms

  • Basis Points

    Basis Points is a financial term that describes one one-hundreth of a percent (1 basis point = .0001 or .01%). Normally, the addition of basis points for...

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  • Payment Gateway

    A payment gateway is an application service provider that authorizes credit card, debit card and electronic check payments for businesses. A payment gateway facilitates the transfer of...

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