An amortizing loan that repays some of the principal over its term, while the remaining balance (i.e., balloon payment) is...
It stands for prompt corrective action; a set of mandatory actions that regulators have to take in response to a...
An abbreviation for a "no income, no job and no assets" loan. It is a loan extended to an unemployed...
An amortizing loan that repays some of the principal over its term, while the remaining balance (i.e., balloon payment) is...
A set of mandatory actions that regulators have to take in response to a depository institution's critical undercapitalization. This happens...
An outright cancellation of a part of current and future external debt and equity obligations of a borrower. This constitutes...
The short-term interest rate that is charged by banks to their most creditworthy, financially sound customers, i.e. customers who have...
A banking fraud that involves the use of the float time between banks by an individual or company to give...
A maturity transformation which results in assets being ‘on average’ longer in maturity than liabilities. This occurs when banks and...
A maturity transformation which results in assets being ‘on average’ shorter in maturity than liabilities. This occurs when banks and...