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

hedge accounting

Banking; Personal banking

Deferring recognition of unrealized gains and losses from a hedge instrument until the corresponding gains or losses from the hedged instrument(s) are recognized.

hedge effectiveness

Banking; Personal banking

The extent to which a hedge transaction results in the offsetting changes in value or cash flow that the transaction was and is intended to provide. FAS 133 requires users to regularly assess the ...

hedge ratio

Banking; Personal banking

The relationship between the size of a position needed in a hedge instrument and the size of the position being hedged. The hedge ratio is determined by the delta.

held-to-maturity (HTM)

Banking; Personal banking

One of three defined categories established in FAS 115 for the classification of financial instruments held as assets on the books of an investor. HTM securities are those the investor intends to ...

An option feature in an instrument in which the option feature is only a minor feature of that product. Sometimes called an embedded option. They are hidden because they are not separate, detachable ...

high-grade

Banking; Personal banking

A phrase used to describe investments with the highest quality ratings — usually AAA or AA.

high-yield securities

Banking; Personal banking

(1) A formal name for junk bonds.(2) All bonds in the following credit categories as defined by NASD Rule 6200 Series as "Non-Investment Grade": BB, B, CCC, CC, C, C, and NA/NR.