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.

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Banking > Investment banking

total return

Banking; Investment banking

The total return on a security or portfolio of securities. The total return on a share comprises the price changes, distributions of interest and dividends, and par value ...

liability under bills of exchange

Banking; Investment banking

Liability assumed on signing a bill of exchange.

personal loan

Banking; Investment banking

(1) Loan for a relatively small amount, repayable in instalments and usually granted to salaried employees for personal consumption and durable goods purchases. Personal loans can ...

banker's draft

Banking; Investment banking

Also: bank check. A draft issued by a bank which may be drawn on the issuing bank itself or on a third bank. Readily negotiable means of cashless payment.

cash-and-carry arbitrage

Banking; Investment banking

See arbitrage.

simple guarantee

Banking; Investment banking

Also: ordinary guarantee. Guarantee where the obligee can only demand payment from the guarantor if the principal obligor has become bankrupt, or has been granted a stay of (debt) ...