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Banking

Fiat Currency

A currency that has no intrinsic value but is issued on the creditworthiness of a government, but without direct connection...

Legal Tender

A form of money (currency) that courts of law and the broader legal system in a country legally recognize as...

Capital Security

A security that forms a component of equity capital (core capital) including ordinary equity (ordinary shares, common stock), both voting...

Perpetual Capital Security

A capital security that does not have maturity date and the distribution payments (coupon, dividends) can be deferred at the...

Common Equity Tier 1 Capital

A component of total Tier 1 capital that includes the core capital that a bank holds in its capital structure....

CET1 Capital

It stands for common equity tier-1 capital; a component of total Tier 1 capital that includes the core capital that...

Fed Discount Rate

The rate of interest (discount rate) that the Federal Reserve (the central bank of United States of America) charges banks...

Federal Discount Rate

The rate of interest (discount rate) that the Federal Reserve (the central bank of United States of America) charges banks...

DW

It stands for discount window; a lending facility that a central bank or similar entity provides to help banks and...

Discount Window

A lending facility that a central bank or similar entity provides to help banks and financial institutions to secure short-term...