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

fraudulent conveyance/ fraudulent transfer

Banking; Personal banking

A transfer of an interest of the debtor made within one year prior to the filing of bankruptcy that is either made by the debtor with the intent to defraud its creditors or for which the debtor ...

Freddie Mac

Banking; Personal banking

An informal name for the Federal Home Loan Mortgage Corporation (FHLMC) or for securities issued by it.

Cash flow from operations minus capital expenditures and dividends. Cash flow from operations is reduced by those adjustments to generate a measure of cash available to meet other corporate purposes. ...

front-end load

Banking; Personal banking

A form of sales charge imposed by some mutual funds. A front-end load is an initial charge that is deducted from each investment made in the fund. The amount of the charge is usually a percentage of ...

full faith and credit

Banking; Personal banking

A pledge of the general taxing power for the payment of debt obligations. Bonds carrying such pledges are referred to as general obligation bonds or full-faith-and-credit bonds.

full payout

Banking; Personal banking

A phrase used to describe personal property leases that are structured such that the bank/lessor receives its total repayment from one customer/lessee and that the total repayment comes from the ...

fund

Banking; Personal banking

A fiscal and accounting entity with a self-balancing set of accounts in which cash and other financial resources, all related liabilities and residual equities, or balances, and charges therein, are ...