It stands for additional tier-1 capital; a layer of capital whereby an entity can absorb losses on a going-concern basis,...

A freeze (legal moratorium) that is imposed by a bankruptcy court on a lender's debt collection activities as soon as...

A person who adds his endorsing signature to a promissory note without compensation. This person, known also as the cosigner,...

A category of loans (as distinct from prime and subprime) which, though characterized by high credit scores, doesn't meet the...

The right or a person (natural or legal) to use banking services. In other words, it refers to the right...

A category of loans (as distinct from prime and subprime) which, though characterized by high credit scores, doesn't meet the...

An abbreviation for asset-backed commercial paper; a short-term instrument that is backed by the cash flows from specific assets (e.g....

A loan that is paid back in equal periodic installments. An installment constitutes varying portions of principal and interest over...

A certificate of deposit (CD) that allows the holder (depositor) to link its return (yield) to that of an asset...

A certificate of deposit (CD) that allows the depositor (CD holder) to get his/ her money back anytime on a...