Home > Industry/Domain > Financial services

Financial services

Related to any service provided by the finance industry, which encompasses a broad range of organisations that deal with the management of money.

17Categories 144162Terms

Add a new term

Contributors in Financial services

Financial services > Finance

trophy asset

Financial services; Finance

A particularly valuable or important asset that a company owns. For example, a car manufacturer's three best producing factories may be considered its marquee assets. A marquee ...

passive income

Financial services; Finance

Funds added to one's account or income in general not based on work, can be credit tax of funds in an account.

financial turmoil

Financial services; Finance

Turmoil is defined as a state of great commotion, confusion, or disturbance; tumult; agitation; disquiet: mental turmoil caused by difficult decisions. Financial turmoil refers ...

subprime loan

Financial services; Finance

A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans.Subprime loans tend to have a higher interest rate than the prime rate ...

operating reserve

Financial services; Finance

Funds set aside annually to be used to offset possible operating losses due to unexpectedly low revenue or high operating costs.

closing fee

Financial services; Finance

A fee charged by a lender to provide a loan to a borrower.

general conditions

Financial services; Finance

The portion of the construction contract document in which the rights, responsibilities, and relationships of the involved parties are itemized.