A type of transformation whereby banks use deposits (mobilized funds) to generate revenue by pooling deposits to make loans. More...

Interest is considered accrued when it is added to the balance on the account, which accrues on loans such as...

A financial institution that is set up by a government to absorb toxic assets (bad loans and nonperforming loans) owned by state-guaranteed banks...

Typically, the total amount of interest that a depositor receives is calculated by multiplying the applicable floating rate (say, LIBOR) by...

A relationship between a bank and its customer that is usually evidenced by a deposit against which withdrawals can be...

A promise to pay which is established when the drawee of a time draft (bill of exchange) adds the word "accepted" along...

To voluntarily give up a possession, claim, or right, such as to abandon a financial asset. It could also refer...

In general, it is the capacity of an individual or entity to meet future obligations from earnings or income. In...