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Banking
The business of a banker, banking involves an establishment for the loaning, holding, exchanging, or issuing of money. Also deals with the transmission of funds and the extensions of credit.
11Categories 38442Terms
Add a new termContributors in Banking
Banking > Savings 
dormant account
Banking; Savings
In general, a low-balance savings account which has shown no activity (deposits and/or withdrawals) over a long period, other than posting of the interest and/or service charges. ...
Compounding
Banking; Savings
Earning interest on an asset, and reinvesting those savings for greater returns in the future.
Siliconaire
Banking; Savings
An owner of a dot.com company who became suddenly rich following the company's IPO.
teller
Banking; Personal banking
Person working at a window in a bank who receives deposits, hands out cash and performs other duties.
matching contributions
Banking; Savings
Many companies will match employee contributions to a 401(k) savings plan, either dollar-for-dollar or a certain percentage. Many companies will match up to 3 percent, with some ...
automatic enrollment
Banking; Savings
An automatic enrollment system allows an employee to automatically enrolled in a 401(k) plan by the employe. How contributions are invested is decided by the plan design.
Sub-categories
- General banking (976)
- Initial public offering (2798)
- Investment banking (26902)
- Loan & advances (157)
- Merchant banking (150)
- Mergers & acquisitions (3237)
- Mortgage (522)
- Personal banking (1499)
- Refinance (1590)
- Savings (211)
- Underwriting (39)