Filter by Categories
Accounting
Banking

Senior Debt

A debt that takes priority over other classes of debt such as unsecured or “junior” debt owed by the issuer.…

Solicited Real-Time Promotion

A real-time promotion which is initiated on the request of the client/customer. Such a promotion, in some jurisdictions like the…

SIB

It stands for systemically important bank; a bank (or a banking institution) that is identified by a regulatory authority as...

Systemically Important Bank

A bank (or a banking institution) that is identified by a regulatory authority as potentially important within the financial sector...

Systemically Important Financial Institution

A bank, an insurance firm, or any type of financial institution that are identified by a regulatory authority as potentially...

SIFI

It stands for systemically important financial institution. A bank, an insurance firm, or any type of financial institution that are...

Statutory Reserve

A type of reserve that is maintained by a bank or financial institution as a minimum amount to meet the...

Savings Deposit

A deposit (specifically, a time deposit) that constitutes an amount of money left with a bank or a similar financial...

Short Sale

The sale of a property for less than the balance due on the mortgage loan, and with the mortgagee‘s approval.…

Supplementary Capital

A layer of capital (for a bank or financial institution) consisting of items such as revaluation reserves, subordinated debt, hybrid...