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Accepting House

In the United Kingdom, a financial company (such as a bank, merchant bank, etc) that endorses a bill of exchange…

Consortium CN

A crossing network (CN) that is established and owned by a consortium- i.e., a number of partners, such as banks,…

Consortium Crossing Network

A crossing network (CN) that is established and owned by a consortium- i.e., a number of partners, such as banks,…

Cold Calling

A financial, promotional effort by which a bank tries to reach new customers (new leads) who were not expecting to...

Real-Time Promotion

A financial promotion that is made in the course of a telephone conservation or personal visit. Financial institutions are required...

Contingent Non-Viability Event

A contingent event that, once occurred, will prompt a regulated entity to issue financial instruments that convert into a variable...

Non-Viability Event

The occurrence of either of two situations, whichever earlier:  1) a regulator decides that it is necessary to write down...

Islamic Bank

A financial intermediary that mobilizes and directs funds (amwal) in a way compliant with shari'a principles and precepts (ahkam al-shari'a)....

NBFI

It stands for non-bank financial institution; a financial institution (FI) that provides an array of services, similar to those provided...

Non-Bank Financial Institution

A financial institution (FI) that provides an array of services, similar to those provided by banks but particularly excluding deposit...