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

The practice of purchasing securities and then selling those that subsequently appreciate in value while retaining as investment portfolio assets those that cannot be sold at a profit. Accounting and ...

hold

Banking; Personal banking

A process by which a bank restricts funds deposited by checks. Usually but not always used to restrict the proceeds of checks drawn on other banks until the funds have been transferred by the ...

hold-harmless agreement

Banking; Personal banking

A contract under which the liability of one party for damages is assumed by another.

Home Mortgage Disclosure Act (HMDA)

Banking; Personal banking

A Federal statute that requires most lenders in metropolitan areas to collect data about their housing-related lending activity. Lenders must file annual reports with their Federal supervisory ...

Home Ownership and Equity Protection Act (HOPEA)

Banking; Personal banking

A 1994 Federal statue enacted to address perceived abuses in high cost home mortgage lending. Final rules implementing this law where adopted by the Federal Reserve Board as amendments to Regulation ...

horizon analysis

Banking; Personal banking

A less-common name for total return analysis. The term "horizon analysis" derives from the fact that total return analysis requires the user to select an ending date for the investment being ...

hot money

Banking; Personal banking

An informal term used to describe funds provided by the most price-sensitive and credit quality-sensitive sources. The bank liabilities that are likely to be lost most quickly in the event of a loss ...