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Banking

Alt-A

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

ABCP

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

Amortizing Loan

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

Asset-Linked Certificate of Deposit

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

Anytime Certificate of Deposit

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

Agency Capture

A situation that arises when regulatory policies and action often favor the industry being regulated at the expense of the...

Annual Percentage Rate

The interest rate (charged for borrowing or made by investing) as calculated on an annualized basis including any respective fees...

APR

An abbreviation for annual percentage rate; it is the interest rate (charged for borrowing or made by investing) as calculated...

Add-on Certificate of Deposit

A certificate of deposit (CD) that allows its holder, and contrary to most types of certificates of deposit, to deposit more money...

Add-on CD

A certificate of deposit (CD) that allows its holder, and contrary to most types of CDs, to deposit more money into the...