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Accounting
Banking

Cross-Age Rule

A banking rule that defines the precautionary situation in which a customer gets tainted by cross-aged balances- i.e., his/ her...

Collateral Transformation

A type of transformation in which involves a temporary exchange of less liquid forms of collateral for liquid collateral. Typically,...

CD Rate

The interest rate on a certificate of deposit (CD). It is the rate paid by a bank to depositors for funds locked...

Certificate of Deposit Rate

The interest rate on a certificate of deposit (CD). It is the rate paid by a bank to depositors for funds locked...

Callable CD

A certificate of deposit (CD) (a time deposit) that pays its holder a fixed interest rate over its lifespan, and at the same...

Callable Certificate of Deposit

A certificate of deposit (CD) (a time deposit) that pays its holder a fixed interest rate over its lifespan, and at the same...

Correspondent Bank

A bank which acts as agent for another bank (known as the respondent bank) and offers that bank an account through which it can make...

Credit Allocation

The financing (credit) which a bank or financial institution (FI) provides for particular sectors of the economy, such as small...