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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.
11Categories 38442Terms
Add a new termContributors in Banking
Banking > Savings
master pension plan
Banking; Savings
A retirement plan developed for an employer by a bank or other financial institution. Such a plan might include profit sharing, stock bonuses, thrift arrangements, or defined ...
actuarial adjustment
Banking; Savings
A readjustment of insurance and pension benefits due to changes in a company's financial reserves. Impacts may include an increased number of pensioners retiring early or the ...
active participant
Banking; Savings
An individual who participates in a retirement plan sponsored either by his/her employer or, if self-employed, by himself or herself. A person would be considered an active ...
accelerated vesting
Banking; Savings
An option of a stock ownership or retirement plan offered by a company whereby the employee is allowed to gain the right to access benefits more rapidly than a traditional vesting ...
profit-sharing
Banking; Savings
An arrangement in which an employer shares some of its profits with its employees. The compensation can be stocks, bonds, or cash, and can be immediate or deferred until ...
lifelong learning plan
Banking; Savings
Adopted by Canadian authorities, this plan allows individuals to make tax-free withdrawals from their retirement accounts up to a total of $20,000 in maximum increments of $10,000 ...
Sub-categories
- General banking (976)
- Initial public offering (2798)
- Investment banking (26902)
- Loan & advances (157)
- Merchant banking (150)
- Mergers & acquisitions (3237)
- Mortgage (522)
- Personal banking (1499)
- Refinance (1590)
- Savings (211)
- Underwriting (39)