A regulatory policy (i.e., a policy implemented by central banks and other regulatory authorities) that permits banks and financial institutions to continue operating even...

A person or party, known as the drawee, who accepts a bill of exchange or time draft. This done, the accepting party becomes responsible...

It stands for leverage-adjusted duration gap ; a duration gap measure that takes into account a bank's overall exposure to interest rate...

A duration gap measure that takes into account a bank's overall exposure to interest rate risk. It is calculated as the difference between...

The practice of lending money to desperate people at unfairly high interest rates. More specifically, loan sharking involves charging interest...

A type of transformation that is performed by banks and other depositary institutions whereby small deposits by different types of depositors are...

A type of transformation that is performed by banks and other depositary institutions whereby the risks associated with deposits and loans...

The process whereby a bank capitalizes on some sort of mismatch between its assets and liabilities. In other words, this involves a bank’s attempt to...

A type of transformation that involves the use of short-term debts like deposits to finance long-term investments like loans. In other words, it is an intermediation process...

A type of transformation whereby a bank or any similar institutions takes advantage of the upward slope of the yield...