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

arrears

Banking; Personal banking

Unpaid dividends or bond interest that a corporation owes its stockholders or bond holders after the payable or due date on which the dividends or interest should have been paid.

Corporate acquisitions in which the acquiring company borrows most or all of the funds needed to finance the purchase. In a typical leveraged buyout, the buyer intends to repay the finance debt from ...

leveraged leases

Banking; Personal banking

A form of lease financing in which the lessor/owner supplies only a portion of the cost of acquiring the leased property as equity. The remaining portion of the purchase price of the leased equipment ...

liability insurance

Banking; Personal banking

Insurance that protects a party from various types of claims. Typically liability insurance protects the insured from losses resulting from property damage claims or from bodily injury claims. ...

liability management

Banking; Personal banking

A term used to describe the general banking strategy of focusing on the management of the amount, maturity, and cost of core deposits and purchased funds, with an emphasis on the latter. Under ...

liability sensitive

Banking; Personal banking

Describes an entity's position when an increase in interest rates will hurt the entity and a decrease in interest rates will help the entity. An entity is liability sensitive when the impact of the ...

lien

Banking; Personal banking

An interest or encumbrance held by a creditor in a debtor's real or personal property for the satisfaction of a debt. The lien may arise as a result of a consensual contract between the debtor and ...