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Accounting
Banking

Exotic Certificate of Deposit

A certificate of deposit (CD) that is tailor-made to accommodate the varying needs of engaged depositors. Thanks to the non-standard...

External Positions

In banking, this refers to asset and liability positions of a bank vis-à-vis banks and non-banks located abroad, i.e., in...

Equity-Linked CD

A certificate of deposit (CD) that is linked to the performance of some equity market variable, specifically the price of...

Exotic CD

A certificate of deposit (CD) that is tailor-made to accommodate the varying needs of engaged depositors. Thanks to the non-standard...

Market-Linked Certificate of Deposit

A certificate of deposit (CD) that is linked to the performance of some market variable, specifically the price of a...

Mortgage Loan

A loan that is extended by a bank or financial institution to an individual or firm seeking to buy a...

M1

A component of money supply that consists of highly liquid forms of money: coins and currency (banknotes, and other digital...

DDA

It stands for demand deposit account; a type of bank account that allows its holder to withdraw money from it...

Narrow Money

A component of money supply that consists of highly liquid forms of money: coins and currency (banknotes, and other digital...

Demand Deposit

A type of deposit (bank deposit account) from which money can be withdrawn on demand- i.e., at any time without...