A certificate of deposit (CD) that is kept intact by the holder for its full term. The CD offers a...

An amortizing loan that repays some of the principal over its term, while the remaining balance (i.e., balloon payment) is...

It stands for prompt corrective action; a set of mandatory actions that regulators have to take in response to a...

An abbreviation for a "no income, no job and no assets" loan. It is a loan extended to an unemployed...

An amortizing loan that repays some of the principal over its term, while the remaining balance (i.e., balloon payment) is...

A set of mandatory actions that regulators have to take in response to a depository institution's critical undercapitalization. This happens...

An outright cancellation of a part of current and future external debt and equity obligations of a borrower. This constitutes...

The short-term interest rate that is charged by banks to their most creditworthy, financially sound customers, i.e. customers who have...

A banking fraud that involves the use of the float time between banks by an individual or company to give...

A maturity transformation which results in assets being ‘on average’ longer in maturity than liabilities. This occurs when banks and...