The system by which depositors instruct their banks to make payments to named accounts, widely used for payments such as dividends and wages.
Definition and explanation of the clearing system in banking, including its processes and significance.
An institution for offsetting interbank claims, minimizing fund transfers between banks.
A comprehensive definition and understanding of the Giro system and its use in economic transactions.
An in-depth look at the concept and practice of relationship banking in the economics and financial sector.
An entry detailing the significance, collapse, and implications of the Bank of Credit and Commerce International (BCCI) in the banking sector.
Detailed exploration of bank advances, their definitions, types, and implications in the context of economic lending practices.
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.
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.
A comprehensive entry on the concept and application of a Banker's Draft in financial transactions.
The provision of payments facilities, credit, and capital to individuals, firms, and the government.
An overview and detailed breakdown of the banking system, encompassing traditional banks, central banks, regulatory bodies, and shadow banks.
An overview of the base rate, its definition, and its implications in economics and banking.
International risk-based capital adequacy standards established for banks in 1988 by the Basel Committee on Banking Supervision.
A term used to describe either the four largest UK 'high street' banks or the four largest accounting firms.
The banking system under which banks are allowed to have branches. Branch banking in some countries, including the United States, has sometimes been restricted to reduce the monopoly power of banks.
A comprehensive entry on building societies in the UK, focusing on their role in the financial system, historical development, and evolution.
An overview of capital ratio and its significance in banking and regulatory standards.
A comprehensive analysis of the checking account, its definition, historical context, and relevance in economics.
A clearing bank is a financial institution that is a member of the clearing-house and facilitates the clearing of cheques and other payments.
An extensive look at commercial bills, their definition, historical context, analytical frameworks, comparisons, and suggested readings.
The process by which banks collectively create loans in excess of the base money they receive.
A loan made for one business day, the shortest term loan that earns interest. Also known as overnight money.
Definition and meaning of a deposit account, a financial term linked to fixed-term deposits with notice requirements, primarily used in the UK.
Insurance for depositors with banks or financial intermediaries against bank default.
The increase in the money supply within an economy, not due to a balance-of-payments surplus but owing to lending by the banking system to the state or private sector.
Definition and Meaning of Eligible Liabilities
A US regulatory body responsible for chartering banks, and insuring depositors against bank failure.
A firm whose main function is to borrow money from one set of people and lend it to another, reducing risk and transaction costs for both parties.
The part of the economy concerned with lending and borrowing, including banks, non-bank financial intermediaries, and financial service providers.
A comprehensive overview of Joint-Stock Banks, their historical context, operational frameworks, and impacts within the economic landscape.
The proportion between a bank or other financial institution’s holdings of liquid assets and its total liabilities.
A reserve fund held by a financial institution to cover potential bad debts from loans.
A measure that represents the total value of a bank’s loans as a percentage of the total value of its deposits, often used as an indicator of liquidity.
A bank that belongs to a clearing system or, in the US, a bank that is part of the Federal Reserve System
Merchant Bank deals mainly with the financing of international activities of firms.
An exploration of the definition, meaning, and context of 'money at call and short notice,' specifically focusing on its liquidity, uses, and relevance in the banking sector.
A comprehensive analysis of mortgages as loans using real assets as collateral, including types and economic implications.
A negative balance in a bank account, often allowed by prior arrangement but incurs interest and extra service charges.
A financial term referring to funds loaned for a short duration, typically from one business day to the next.
A foreign bank with a branch or subsidiary operating in the UK.
A reference interest rate used by banks to determine the lending rates for their most creditworthy borrowers.
Definition and analysis of rediscount in the context of economics and finance.
A required minimum proportion between a bank’s reserve assets and its deposits and other liabilities.
The proportion of the total assets of a bank held as reserves.
An overview of reserve requirements as part of monetary policy and banking regulation.
Understanding the concept and mechanisms of revolving loans in economics.
The estimated value of assets of a bank adjusted for risk.
Understanding the concept of loan roll-overs, their occurrences, and implications in the financial sector.
A US institution borrowing from the general public to provide housing finance.
A loan where the creditor has a claim on some particular part of the debtor’s assets in the event of default.
An exploration of shadow banks—financial intermediaries that operate outside traditional banking regulations to provide credit-facilitating services.
A detailed exploration of special deposits, their definition, background, and implications in the banking sector.
A loan provided by a syndicate of banks or other lending institutions.
A loan due to be repaid on a definite date, particularly in US usage
Tier 1 Capital - Definition, Meaning, and Context in Financial Regulation
Definition and meaning of Tier 2 Capital within the banking and regulatory framework.
A term used in banking referring to a deposit where withdrawal requires notice or incurs an interest penalty.
A measure of the potential loss in value of an asset or portfolio over a defined period for a given confidence interval
Banking by institutions which specialize in dealing with other financial institutions, large firms, and wealthy individuals.
