Filter by Categories
Accounting
Banking

Non-Financial CP

It stands for nonfinancial commercial paper; a commercial paper that is issued by nonfinancial corporations, typically large industrial or services...

NFCP

It stands for nonfinancial commercial paper; a commercial paper that is issued by nonfinancial corporations, typically large industrial or services...

NOW Account

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

Basket-Linked CD

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

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...

PCA

It stands for prompt corrective action; a set of mandatory actions that regulators have to take in response to a...

NINJA Loan

An abbreviation for a "no income, no job and no assets" loan. It is a loan extended to an unemployed...

GPM

It stands for graduated payment mortgage; a fixed rate mortgage that entails low payment (of interest and repayment of principal) in...

FRCD

If stands for floating-rate certificate of deposit; a certificate of deposit (CD) that pays a floating interest rate. In other...