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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

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Banking; General banking

A provision in a financial contract or financial instrument, such as a loan or a security, that allows one party to change the timing or amount of one or more cash flows ...

empirical VAR

Banking; General banking

A measure of a financial instrument’s, a portfolio of financial instruments’, or an entity’s exposure to reductions in value resulting from changes in prevailing interest rates. ...

equipment trust certificates

Banking; General banking

A common type of secured corporate bond. For these bonds, a collateral interest in equipment or machinery provides extra protection for bond holders. In most cases, the equipment ...

estoppel letter or estoppel certificate

Banking; General banking

A document used in commercial mortgage transactions where the lender is secured by property that is leased to tenants. Also known as tenant estoppel letters or tenant acceptance ...

fair value hedge

Banking; General banking

A type of hedge defined by FAS 133. An entity may designate a derivative instrument as hedging the exposure to changes in the fair value of an asset or a liability, or a portion ...

FAS 115

Banking; General banking

Financial Accounting Standard No. 115, Accounting for Certain Investments in Debt and Equity Securities. A rule promulgated by the AICPA that requires different accounting ...

economic value of equity (EVE)

Banking; General banking

One measure of exposure to interest rate risk. The difference between the sum of the present values of all cash flows from assets and the sum of the present values of all cash ...