Personal banking

Personal banking

Referring to the business when banks carry out transactions with customers directly, rather than with other banking institutions or with large corporations.

Industry: Banking

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Personal banking

Rules for establishing minimum required levels of book capital for financial institutions. Capital is allocated to types of bank assets based upon weightings assigned to those assets. For example, ...

risk-based pricing

Banking; Personal banking

The practice of charging different rates to different borrowers based on differences in their credit worthiness. Typically, all other loan terms remain the same.

risk management

Banking; Personal banking

Controlling the probability, and/or the severity, of a potential adverse event so that the consequences of that event are within acceptable limits. Since all risks have, by definition, the potential ...

risk measurement unit (RMU)

Banking; Personal banking

A defined quantity or unit of risk. Quantities of risk may be defined for the purposes of setting risk exposure limits or for the purposes of allocating capital to measure risk-adjusted returns on ...

Rod Jacobs method

Banking; Personal banking

A methodology for evaluating the rate sensitivity of indeterminate deposits. See replicating portfolio(s).

roll over

Banking; Personal banking

The paying off of existing debt, usually debt about to mature, through the issuance of new debt. Can also refer to the rolling over of an investment, such as a certificate of deposit at maturity, to ...

S corporation

Banking; Personal banking

Legal entity that is a special kind of Corporation. An S corporation offers shareholders the same limitations on personal liability that are available to corporate stockholders. At the same time, S ...