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Accounting
Banking

Encumbered Asset

An asset that a bank or financial institution is prevented from disposing of in any form including liquidation, sale, transfer...

Balloon Loan

A loan that is paid back in level installments on a long-term payment schedule (10-20 years, or even more), and...

Capital Ratio

A ratio relating a bank's capital to its risk-weighted assets (RWAs). The main forms of this ratio include tier-1 capital...

Offset Account

A type of bank account (a transactional account) that's linked to a mortgage account (home loan) so that the interest...

Automatic Stay

A freeze (legal moratorium) that is imposed by a bankruptcy court on a lender's debt collection activities as soon as...

NBFI

It stands for non-bank financial institution; a financial institution (FI) that provides an array of services, similar to those provided...

Non-Bank Financial Institution

A financial institution (FI) that provides an array of services, similar to those provided by banks but particularly excluding deposit...

Non-Bank

A financial institution (FI) that provides an array of services, similar to those provided by banks but particularly excluding deposit...

NTD

It stands for nontransferable deposit; a deposit (with a bank or financial institution) that is not, or cannot be, used...

Total Deposits

The aggregated amount of a bank's deposits at a given point in time. It measures all the money placed into...