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

forfeiture of shares

Banking; Investment banking

Cancellation of participation rights in a public limited company, limited liability company or cooperative due to the shareholder, partner or member's failure to pay the ...

market inefficiency

Banking; Investment banking

Inequalities of information, liquidity, expertise, etc. in the market. These can result in price, rate or interest-rate differences between different marketplaces at a given time.

quasi-bank

Banking; Investment banking

Institution which offers bank-like services, e.g. asset management and loans, but which does not have a banking licence and is thus not accountable to the supervisory authorities.

commodities

Banking; Investment banking

in terms of asset class: -> precious metals & commodities

technical reaction

Banking; Investment banking

Trend moving in the opposite direction in reaction to a prior upward or downward trend.

preference share (GB); preferred share (USA)

Banking; Investment banking

A share with preference rights, i.e. which entitles the holder to a certain preferential treatment, primarily with regard to the distribution of income (preferred dividends), the ...

application for letter of credit

Banking; Investment banking

Written request addressed by a customer (buyer) to his bank to open a letter of credit. Notification usually takes place via a correspondent bank. See also documentary credit.