confirmation note


confirmation note
A document confirming the main facts and figures of a deal between two parties, usually a deal that has been agreed verbally or by telephone. The London code of conduct recommends that the dealer records the telephone calls and that both parties send confirmation notes.

Accounting dictionary. 2014.

Look at other dictionaries:

  • confirmation note — A document confirming the main facts and figures of a deal between two parties, usually a deal that has been agreed verbally or by telephone. The London code of conduct recommends that the dealer records the telephone calls and that both parties… …   Big dictionary of business and management

  • confirmation note — The derivative equivalent of a securities contract note which outlines the details of a trade just undertaken; normally sent out with due despatch (end of next business day). Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

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  • Confirmation — • Describes its origin from Biblical texts and how it has been handed down through the ages. The rite is briefly described, and the minister, matter, form, recipient, effects, necessity and sponsors are detailed Catholic Encyclopedia. Kevin… …   Catholic encyclopedia

  • confirmation — con·fir·ma·tion /ˌkän fər mā shən/ n 1: the act or process of confirming, assuring, or upholding seeking confirmation of the agreement; specif: the ratification of an executive act by a legislative body senate confirmation of the Supreme Court… …   Law dictionary

  • Confirmation (Lutheran Church) — A woodcut depicting the confirmation Lutheran youth. Lutheranism …   Wikipedia

  • Note of hand — Hand Hand (h[a^]nd), n. [AS. hand, hond; akin to D., G., & Sw. hand, OHG. hant, Dan. haand, Icel. h[ o]nd, Goth. handus, and perh. to Goth. hin[thorn]an to seize (in comp.). Cf. {Hunt}.] 1. That part of the fore limb below the forearm or wrist in …   The Collaborative International Dictionary of English

  • contract note — securities version of a confirmation note. Dresdner Kleinwort Wasserstein financial glossary On the London Stock Exchange, on the day on which a bargain takes place a member firm must send to the client a contract note detailing the transaction,… …   Financial and business terms

  • trade confirmation — USA trade confirmation, Also known as a swap confirmation, or simply a confirmation. A document which parties to a derivatives transaction use to specify the commercial terms of the transaction, including pricing terms such as spreads. A… …   Law dictionary

  • swap confirmation — USA trade confirmation, Also known as a swap confirmation, or simply a confirmation. A document which parties to a derivatives transaction use to specify the commercial terms of the transaction, including pricing terms such as spreads. A… …   Law dictionary