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Banking

Illiquid Assets

A category of assets that cannot be easily and quickly converted into monetary assets (particularly, cash or cash equivalents). Examples...

Liquid Assets

An asset that constitutes the most readily available form of monetary assets (i.e., cash or cash equivalents) or any types...

Ring-Fencing

The separation of an entity's assets or profits (or return on assets) financially without necessarily having it operated as a...

Non-Marketable Asset

An asset that constitutes an amount of money lent by a bank to its customers (a bank loan). Non-marketable assets...

Double-Entry System

An accounting principle that entails that for each credit/ debit entry made in one account, there is a corresponding entry…

Double-Entry Accounting

An accounting principle that entails that for each credit/ debit entry made in one account, there is a corresponding entry…

Double-Entry Bookkeeping

An accounting principle that entails that for each credit/ debit entry made in one account, there is a corresponding entry…

Payment Lag

In relation to a transfer system, it refers to the span of time (lag) between the acceptance of the transfer...

Settlement Lag

In relation to a transfer system, it refers to the span of time (lag) between the acceptance of the transfer...

Money Settlement Asset

An asset which carries little or no credit risk or liquidity risk and is used to settle payment obligations arising...