A balancing item in economics refers to an entry made to reconcile differences between two figures that should, in theory, be identical. This term is often used in statistical accounting.
Baltic Free Trade Agreement - A free trade agreement between Estonia, Latvia, and Lithuania established in 1993 and remaining in place until the three countries joined the European Union in 2004.
The 'Bank of the South,' a Latin American development bank established to provide an alternative to the IMF and World Bank.
The scale of the neighbourhood of a point used in non-parametric estimation of a function
A comprehensive entry on bank accounts detailing their use, types, and functions in economic transactions.
An exploration into the concept of bank deposits, their historical context, and relevance in various economic theories.
An overview of the Bank for International Settlements, its functions, and its historical significance
bank loan A loan from a bank to an individual or firm. Bank advances for large amounts or for business purposes are normally made against security, for example the title deeds of buildings or life insurance policies. Bank overdrafts or personal loans for small amounts are often unsecured if the customer is regarded as a good risk.
Definition and meaning of the Bank of England as the central bank of the United Kingdom.
A comprehensive entry detailing the definition, history, and implications of the Bank Rate.
The application to banks of public controls stricter than those on businesses in general, justified by concerns that bank failures may disrupt the economy more profoundly than other business failures.
