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NGR

It stands for net-to-gross ratio; the ratio of the current net market value of open positions held between two counterparties...

Net-to-Gross Ratio

The ratio of the current net market value of open positions held between two counterparties related to the current gross...

For Further Credit

An instruction that is set by a bank to receive a wire transfer, specifying a second beneficiary as to the...

FFC

An abbreviation for "for further credit"; an instruction that is set by a bank to receive a wire transfer, specifying...

For Benefit Of

An instruction that is set by a bank to receive a wire transfer, specifying the account name on file with...

FBO

An abbreviation for "for benefit of"; an instruction that is set by a bank to receive a wire transfer, specifying...

Overdraft

Funds that are drawn beyond the limit in a customer's account with a bank. It is a kind of a...

Overdraft Rate

An interest rate that a bank or lending institution charges on overdrafts. Overdrafts are funds drawn beyond the limit in...

Overdraft Interest Rate

An interest rate that a bank or lending institution charges on overdrafts. Overdrafts are funds drawn beyond the limit in...

Credit Rationing

A situation where lenders become unwilling to advance additional funds (loans) to borrowers at the prevailing market interest rate (commercial...