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...

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

A certificate of deposit (CD) that provides increasing interest rates for increasing deposit amounts. The larger the deposit, the higher...

It stands for graduated payment mortgage; a fixed rate mortgage that entails low payment (of interest and repayment of principal) in...

A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...

A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...

A situation that arises when regulatory policies and action often favor the industry being regulated at the expense of the...

If stands for floating-rate certificate of deposit; a certificate of deposit (CD) that pays a floating interest rate. In other...