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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

continuation

Banking; General banking

A form and process by which a secured party extends the priority of its security interest in the public record. The priority of liens created under Article 9 of the UCC is usually ...

certificate of deposit (CD)

Banking; General banking

A deposit of funds, in a bank or savings and loan association, for a specified term that earns interest at a specified rate or rate formula. CDs may be secured or unsecured. CDs ...

bond equivalent yield

Banking; General banking

An annual yield, expressed as a percentage, describing the return provided to bond holders. A bond equivalent yield is double the simple interest, semiannual yield. Since Treasury ...

convertible bond

Banking; General banking

A bond that includes a provision allowing the holder to exchange the bond for a quantity of the issuer's common stock at some fixed exchange ratio. An otherwise normal corporate ...

buy/sellback

Banking; General banking

A form of secured, short-term investment in which a security is purchased with a simultaneous agreement to sell it back to the seller at a future date. The purchase and sales ...

structured notes

Banking; General banking

The broad, regulatory definition of this term is debt securities whose cash flow characteristics (coupon, redemption amount, or stated maturity) depend upon one or more indices ...

Suspicious Activity Report (SAR)

Banking; General banking

All financial institutions operating in the United States, including insured banks, savings associations, savings association service corporations, credit unions, bank holding ...