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Accounting
Banking

Blocked Account

A bank account (banking account) whose holder may not be able to withdraw from because it becomes subject to restrictions...

Brokered CD

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

Bitter-End CD

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

MLCD

It stands for market-linked certificate of deposit; a certificate of deposit (CD) that is linked to the performance of some market...

ZBA

It stands for zero-balance account; a checking account (current account) that requires no balance. Rather, it is designed to help...

Zero Balance Account

A checking account (current account) that requires no balance. Rather, it is designed to help companies control and manage their...

Super NOW Account

An interest-bearing checking account (demand deposit) that pays a higher rate of interest and requires a higher minimum balance than...

Home Equity Loan

A type of high risk loan which is designed to facilitate lending secured by the borrower's equity in a home...

HEL

An abbreviation for home equity loan; a type of high risk loan which is designed to facilitate lending secured by...

Non-Transactional Deposit Account

A deposit account that does not allow funds to be withdrawn or transferred to third parties using some means of...