Colloquial for rollover CD; a short-term certificate of deposit (CD), usually with a 6-month maturity, where the issuer reissues or...

The annualized short-term interest rate at which the central bank lends money to commercial banks. In effect, repo rate represents...

A bank (the principal) which has an account with another bank (the agent, or the correspondent bank) that allows it to make payments...

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