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Banking

Transferable Deposit

A deposit (with a bank or financial institution) that is used to make payments to other parties. In other words,...

Tiered CD

A certificate of deposit (CD) that provides increasing interest rates for increasing deposit amounts. The larger the deposit, the higher...

Tiered Certificate of Deposit

A certificate of deposit (CD) that provides increasing interest rates for increasing deposit amounts. The larger the deposit, the higher...

Transactional Deposit Account

A deposit account that does allow funds to be withdrawn or transferred to third parties using some means of instruction...

Transactional Account

A deposit account that does allow funds to be withdrawn or transferred to third parties using some means of instruction...

Transaction Account

A deposit account that does allow funds to be withdrawn or transferred to third parties using some means of instruction...

Term Transformation

A type of transformation that is performed by banks and other depository institutions whereby short-term deposits are accepted at low...

Taint Rule

A banking rule that defines the precautionary situation in which a customer gets tainted- i.e., his/ her loan balance is...

Transformation

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...