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NCD

It stands for negotiable certificate of deposit; a certificate of deposit (CD) that is marketable- i.e., the holder can resell...

Negotiable Certificate of Deposit

A certificate of deposit (CD) that is marketable- i.e., the holder can resell it to other parties in the market....

NMD

An acronym for non-maturity deposit; a deposit (bank liability) that does not have a specified maturity or fixed term. Non-maturity...

Non-Maturity Deposit

A deposit (bank liability) that does not have a specified maturity or fixed term. Non-maturity deposits (NMDs) take many forms...

Nominal Interest Rate

An interest rate that does not take inflation or any other factors into consideration, as opposed to a real interest...

Non-Marketable Asset

An asset that constitutes an amount of money lent by a bank to its customers (a bank loan). Non-marketable assets...

Nostro Account

An account that a bank holds in a foreign currency in another bank. Nostro accounts are used for payment services...

Normative Equity

A measure of a bank's equity that is considered at or within standard level(s) as per specific norms (such as...

Non-Viability Event

The occurrence of either of two situations, whichever earlier:  1) a regulator decides that it is necessary to write down...

NBFI

It stands for non-bank financial institution; a financial institution (FI) that provides an array of services, similar to those provided...