Warning: Creating default object from empty value in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/plugins/independent-core/admin/ReduxCore/inc/class.redux_filesystem.php on line 29 Banks – Page 39 – Fincyclopedia
[wpdreams_ajaxsearchpro id=44 ]
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/tag.php on line 49

Term Transformation

A type of transformation that is performed by banks and other depository institutions whereby short-term deposits are accepted at low...

Variable Rate Certificate of Deposit

A certificate of deposit (CD) that pays a variable interest rate. In other words, the rate adjusts upward or downward...

Variable Rate CD

A certificate of deposit (CD) that pays a variable interest rate. In other words, the rate adjusts upward or downward...

Escrow Account

An account that is established by a lender or an intermediary bank to hold separate funds for the purpose of...

Discount CD

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

APR

An abbreviation for annual percentage rate; it is the interest rate (charged for borrowing or made by investing) as calculated...

Designer CD

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

Discount Rate

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

Basket-Linked Certificate of Deposit

A certificate of deposit (CD) that links the rate of return (yield) to the performance of a basket of stocks....

Base Rate

The interest rate which is set and used by banks and financial institutions as a basis for determining their lending...