A type of transformation whereby banks use deposits (mobilized funds) to generate revenue by pooling deposits to make loans. More...
Typically, the total amount of interest that a depositor receives is calculated by multiplying the applicable floating rate (say, LIBOR) by...
A relationship between a bank and its customer that is usually evidenced by a deposit against which withdrawals can be...
A promise to pay which is established when the drawee of a time draft (bill of exchange) adds the word "accepted" along...
To voluntarily give up a possession, claim, or right, such as to abandon a financial asset. It could also refer...
In general, it is the capacity of an individual or entity to meet future obligations from earnings or income. In...