A periodically revised publication by the Bank for International Settlements outlining payment and settlement systems of central banks within the Committee on Payments and Market Infrastructure.
The date on which a security is due to be redeemed by the borrower. This may be a single date, or a range of dates within which the borrower has discretion to choose when repayment will take place.
The interest rate that equates the present value of interest receipts and principal repayments with the market price of a security when held to maturity.
Refusal by banks to make loans or by insurance companies to issue policies to individuals or firms in particular geographical areas, often justified by banks based on past bad experiences but criticized for discrimination