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CBM

It stands for central bank money; the liabilities of a central bank that constitute banknotes (and other forms of money-...

CoBM

It stands for commercial bank money; it describes the portion of a currency (money supply) that is created out of...

Central Bank Money

The liabilities of a central bank that constitute banknotes (and other forms of money- overall, cash) and bank deposits (reserves)...

Non-Marketable Asset

An asset that constitutes an amount of money lent by a bank to its customers (a bank loan). Non-marketable assets...

Commercial Bank Money

It describes the portion of a currency (money supply) that is created out of book money – i.e., debt generated...

Earmarking

The process whereby a bank or similar financial institution sets aside/ appropriates an amount of money for a specific use...

IM

It stands for initial margin; in relation to a loan, it represents the difference between the current market value of...

Initial Margin

In relation to a loan, it represents the difference between the current market value of collateral posted for a loan...

ONSF

It stands for overnight standing facility; a standing facility that involves a bank (a regulated entity) lending funds to other...

Overnight Standing Facility

A standing facility that involves a bank (a regulated entity) lending funds to other market participants, on an overnight basis,...