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Accounting
Banking

Simple Interest

The interest that is calculated only on the principal amount or on a portion of the principal that is still…

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...

RWAs

An acronym for risk-weighted assets; a measure of a bank's or financial institution's capital that relates its main risk exposures...

Risk-Weighted Assets

A measure of a bank's or financial institution's capital that relates its main risk exposures to the applicable risk weights...

P2B Crowdlending

It stands for peer-to-business crowdlending (also person-to-business or people-to-business crowdlending); a form of crowdfuding/ crowdlending that involves the individuals (the…

Accepting House

In the United Kingdom, a financial company (such as a bank, merchant bank, etc) that endorses a bill of exchange…

Consortium CN

A crossing network (CN) that is established and owned by a consortium- i.e., a number of partners, such as banks,…