All the funds that are available and can be accessed during a business day so that financial institutions (such as…
It stands for International Bank Account Number, an internationally accepted account numbering standard which is designed to facilitate the automation...
The component of the money supply in an economy which consists of bank deposits. In other words, it is the...
The interest rate which banks charge on short-term loans with reasonable market size (usually in Eurodollars) offered to other banks....
An estimated interest rate for a debt or debt instrument that is used rather than the rate stated in the...
It stands for interest-only loan; a form of loan in which the borrower only pays interest over the loan's life,...
A form of loan in which the borrower only pays interest over the loan's life, while repayment of the principal...
The process of transferring funds from savers (saving or surplus units- also consumers or household savers) to borrowers (deficit units-...
A type of transformation whereby banks aim to mitigate the effect of information asymmetry in their relationship with their clients....