Home > Industry/Domain > Banking

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.

11Categories 38442Terms

Add a new term

Contributors in Banking

Banking > Investment banking

stock index future

Banking; Investment banking

Forward contract based on the development of specific stock exchange indexes. See also financial future.

commitment commission

Banking; Investment banking

Fee charged by banks (usually on a quarterly basis) for credit lines granted but not drawn on during the agreed loan period.

permanent holdings

Banking; Investment banking

Long-term investment in another company, e.g. through the acquisition of shares (an equity interest). Unlike investing in fixed-interest securities, primarily to benefit from the ...

contingent liability

Banking; Investment banking

A liability which will come into definite existence only on the occurrence of a specific event, e.g. bank liability arising from acceptance, guarantees and letters of credit. ...

gold

Banking; Investment banking

Gold is one element in the collective term for precious metals. Precious metals are characterized by their chemical durability, valuable physical properties and attractive ...

placement on commission

Banking; Investment banking

The placement of securities by the issuer at his/her own risk. The banks act as subscription agents and obtain a placement commission for any subscriptions effected through their ...

right to move mortgage to higher order of priority

Banking; Investment banking

Right of the creditor next in order of priority to move up to the vacant place in the land register.