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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

option
Banking; General banking

(1) A contract that gives its holder the right, but not the obligation, to buy or sell an underling security, commodity, or currency before a certain date. Options are often used ...

real estate mortgage investment conduit (REMIC)
Banking; General banking

The name of a type of mortgage-backed pass-through security. REMICs can take many forms. REMICs are typically multiclass securities. Unlike simple, non-REMIC CMOs, REMICs can ...

net interest margin
Banking; General banking

The amount of interest income minus interest expense, usually expressed as a percentage. The net interest margin percentage is calculated by dividing interest income less interest ...

asset sensitive
Banking; General banking

Describes an entity's position when an increase in interest rates will help the entity and a decrease in interest rates will hurt the entity. An entity is asset sensitive when the ...

asset-backed security (ABS)
Banking; General banking

A debt security collateralized by assets. Created from the securitization of any loans. (1) The phrase may describe the broad category that includes named subcategories such as ...

accrual convention
Banking; General banking

Method used by investors for counting the number of days in each month and in the year. Also called accrual basis or day basis. The accrual convention is expressed in different ...

adjusted trading
Banking; General banking

A practice used to sell securities without recognizing any or all of the true loss from that sale. To hide the loss, the investor agrees to overpay for a newly purchased security ...

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