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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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Contributors in Banking

Banking > General banking

deposit slip

Banking; General banking

An itemized memorandum of the cash and other funds that a customer presents to the bank for credit to his or her account.

derogatory information

Banking; General banking

Data received by a creditor indicating that a credit applicant has not paid his or her accounts with other creditors according to the required terms.

direct deposit

Banking; General banking

A payment that is electronically deposited into an individual's account at a depository institution.

futures contract

Banking; General banking

A futures contract (more colloquially, futures) is a standardized contract between two parties to buy or sell a specified asset of standardized quantity and quality for a price ...

base rate / prime rate

Banking; General banking

The interest rate at which British banks lend to their best customers is called 'base rate'. In the US, the same interest rate is called 'prime rate'.

People's Bank of China

Banking; General banking

The People's Bank of China (PBC or PBOC) is the central bank of the People's Republic of China with the power to control monetary policy and regulate financial ...

Agricultural Bank of China

Banking; General banking

Agricultural Bank of China Limited also known as ABC, is one of the "Big Four" banks in the People's Republic of China.It was founded in 1951, and has its ...