It stands for commercial bank money; it describes the portion of a currency (money supply) that is created out of...

It describes the portion of a currency (money supply) that is created out of book money – i.e., debt generated...

A bank account that is held and maintained by one bank on behalf of another bank (a respondent bank), usually...

An account that a bank holds in a foreign currency in another bank. Nostro accounts are used for payment services...

A bank account (a type of checking account) that allows its holder to withdraw from deposited funds on demand, i.e.…

It stands for International Bank Account Number, an internationally accepted account numbering standard which is designed to facilitate the automation...

An abbreviation for negotiable order of withdrawal account; an interest bearing checking account. It is a type of transaction accounts...

A certificate of deposit (CD) that is kept intact by the holder for its full term. The CD offers a...

A certificate of deposit (CD) that is sold through a third party (brokers and dealers) rather than directly through the...

A certificate of deposit (CD) that links the rate of return (yield) to the performance of a basket of stocks....