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

straight-line depreciation

Banking; Personal banking

A method for achieving periodic reductions in the book value of fixed assets in which each periodic reduction is the same amount as every other reduction for the same asset.

A trading strategy using options that is designed to profit from material increases in the volatility of the underlying. Similar to a straddle but using only put and call options with strike prices ...

strategic risk

Banking; Personal banking

One of nine risks defined by the Office of the Comptroller of the Currency. The risk to earnings or capital arising from a bank’s adverse business decisions or improper implementation of those ...

street

Banking; Personal banking

A colloquial expression used to describe Wall Street investors or the community of dealers. For example, the street consensus of prepayment speeds is the average forecast of prepayment speeds from ...

street name

Banking; Personal banking

A name used by a broker or bank as the legal owner of a security actually owned by a client or customer. The true owner is called the beneficial owner. Street names are often assumed names or ...

stress test

Banking; Personal banking

A multivariate test of a specific scenario at a specific stress level. Not to be confused with single variant testing of variables in a projection or forecasted scenario. See sensitivity test.

stress testing stress analysis stress scenario

Banking; Personal banking

Usually called stress testing but also known as stress analysis or stress scenario analysis. Modeling a series of unusual, hypothetical events or scenarios. Stress tests may model the impact of ...