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Accounting
Banking

Effective Federal Funds Rate

A method of calculating the federal funds rate (fed funds rate) that produces the volume-weighted median of daily traded rates...

Federal Funds Rate

The interest rate at which banks and other depository institutions, in the USA, lend money to each other, typically on...

Fed Funds Rate

The interest rate at which banks and other depository institutions, in the USA, lend money to each other, typically on...

MCLR

It stands for marginal cost lending rate; the minimum interest rate below which banks and financial institutions cannot lend as...

Marginal Cost Lending Rate

The minimum interest rate below which banks and financial institutions cannot lend as it would be infeasible, or not allowable...

Excess Reserve

A reserve that a bank creates (out of its monetary profits) and holds in excess of required reserves, minus monetary...

Free Reserve

A reserve that a bank creates (out of its monetary profits) and holds in excess of required reserves, minus monetary...

Liability

A liability that a bank holds on its balance sheet (statement of financial position). Banks liabilities consist of deposits and...

Bank Liabilities

The liabilities that a bank holds on its balance sheet (statement of financial position). Banks liabilities consist of deposits and...

Asset

One of the assets that a bank holds on its balance sheet (statement of financial position). Banks assets consist of...