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Banking

Flight To Quality

At an individual bank's level, it refers to a reallocation tactic whereby banks encountering increased market interest rates tend to...

FTQ

It stands for flight to quality; at an individual bank's level, it refers to a reallocation tactic whereby banks encountering...

Flight To Currency

A situation that occurs when a wide number of depositors lose faith in all banks, or more specifically, all banks...

Information Transformation

A type of transformation whereby banks aim to mitigate the effect of information asymmetry in their relationship with their clients....

Asset Transformation

A type of transformation whereby banks use deposits (mobilized funds) to generate revenue by pooling deposits to make loans. More...

Daily Interest

Interest is considered accrued when it is added to the balance on the account, which accrues on loans such as...

Bad Bank

A financial institution that is set up by a government to absorb toxic assets (bad loans and nonperforming loans) owned by state-guaranteed banks...

Account

A relationship between a bank and its customer that is usually evidenced by a deposit against which withdrawals can be...

Acceptance

A promise to pay which is established when the drawee of a time draft (bill of exchange) adds the word "accepted" along...

Abandon

To voluntarily give up a possession, claim, or right, such as to abandon a financial asset. It could also refer...