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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.

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Banking > General banking

media

Banking; General banking

Any organization in the business of informing the public with news or commentary. The various forms of media include print, television, internet, and radio.

minimum balance

Banking; General banking

The amount of money required to be on deposit in an account to qualify the depositor for special services or to waive a service charge.

minimum payment

Banking; General banking

The minimum dollar amount that must be paid each month on a loan, line of credit, or other debt.

missing payment

Banking; General banking

A payment that has been made but not credited to the appropriate account.

money market deposit account

Banking; General banking

A savings account that offers a higher rate of interest in exchange for larger than normal deposits. Insured by the FDIC, these accounts have limits on the number of transactions ...

money market fund

Banking; General banking

An open-ended mutual fund that invests in short-term debts and monetary instruments such as Treasury bills and pays money market rates of interest. Money market funds usually ...

mortgage

Banking; General banking

A debt instrument used in a real estate transaction where the property is the collateral for the loan. A mortgage gives the lender a right to take possession of the property if ...