A depository bank (in the U.S.) or depositary bank (in the European Union) is a specialist financial institution which, depending...

A depository bank (in the U.S.) or depositary bank (in the European Union) is a specialist financial institution which, depending...

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

A type of deposit (bank deposit account) from which money can be withdrawn on demand- i.e., at any time without...

An amount of money (in whatever form: cash, check, draft, wire transfer, etc.) that is placed with a bank or...

A certificate of deposit (CD) that pays no periodic interest to the holder. However, its return comes from it being...

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

The interest rate which is charged to commercial banks and other depository institutions on short-term loans offered by the central...

Misappropriation of bank funds in a way or another. For example, a bank teller may fraudulently abstract money from a...

A type of transformation that is performed by banks and other depositary institutions (financial intermediaries) whereby the small amounts deposited with them are transformed...