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

anticipatory hedge

Banking; Personal banking

A hedge of a yet-to-be-acquired asset or liability.

A statement or estimate of the market value of tangible personal property or real estate. Under the federal appraisal regulations for real estate pledged to secure loans, the term "appraisal" refers ...

appraisal surplus

Banking; Personal banking

The difference between the historical cost and the appraised value of fixed assets.

arbitrage

Banking; Personal banking

(1) In theory, arbitrage is the simultaneous purchase and sale of two identical commodities or instruments to take advantage of price variations in different markets. For example, the purchase of ...

arbitrage CDO

Banking; Personal banking

A CDO whose purpose is to allow a money manager to expand assets under management and equity investors to achieve non-recourse leverage to CDO assets. There is no "arbitrage" in the classic sense of ...