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Accounting
Banking

Nostro Account

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

Haircut

In relation to a loan, it represents the difference between the current market value of collateral posted for a loan...

Margin

In relation to a loan, it represents the difference between the current market value of collateral posted for a loan...

IDL

It stands for intraday liquidity; all the funds that are available and can be accessed during a business day so…

Loro Account

In relation to correspondent banking, it is an account that one bank holds on behalf of another bank (the customer...

IDL Stress Testing

A stress testing exercise that a bank conducts on its intraday liquidity (IDL). Depending on the size, business model, payment...

Intraday Liquidity Stress Testing

A stress testing exercise that a bank conducts on its intraday liquidity (IDL). Depending on the size, business model, payment...

IDL Risk

It stands for intraday liquidity risk: a type of risk that arises in relation to an entity's intraday liquidity. For...

Intraday Liquidity Risk

A type of risk that arises in relation to an entity's intraday liquidity. For a bank or financial institution (or...

Intraday Liquidity

All the funds that are available and can be accessed during a business day so that financial institutions (such as…