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Finance
Industry: Financial services
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Finance
provision
Financial services; Finance
A balance sheet item representing funds set aside by a company to pay for losses that are anticipated to occur in the future. The actual losses for the earmarked funds have not yet occured, but the ...
lender of last resort
Financial services; Finance
An institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse. ...
interest
Financial services; Finance
The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
credit
Financial services; Finance
The amount of money available to be borrowed by an individual or a company is referred to as credit because it must be paid back to the lender at some point in the future. For example, when you make ...
option
Financial services; Finance
A financial derivative that represents a contract sold by one party (option writer) to another party (option holder). The contract offers the buyer the right, but not the obligation, to buy (call) or ...
option
Financial services; Finance
A financial derivative that represents a contract sold by one party (option writer) to another party (option holder). The contract offers the buyer the right, but not the obligation, to buy (call) or ...
swap
Financial services; Finance
Traditionally, the exchange of one security for another to change the maturity (bonds), quality of issues (stocks or bonds), or because investment objectives have changed. Recently, swaps have grown ...