Finance & Banking Abbreviations in PDF - Testbook BlogThis accessible guide is a perfect source of reference for all those with an interest in finance. Invaluable for students and professionals in the fields of finance and banking, it is also ideal for private investors and readers of the financial pages. This is the most comprehensive and up-to-date dictionary of finance available. The entries in the new edition cover the vocabulary used in banking, money markets, foreign exchanges, public and government finance, and private investment and borrowing, and much more. The coverage in all areas is wide and international.
BANKING GLOSSARY - GENERAL AWARENESS - SBI PO 2017 - बैंकिंग शब्दावली
Finance & Banking Abbreviations in PDF
ABS expresses principal prepayments as a percentage of the original number of loans or contracts in the pool of securitized loans that created the security. ABS is always expressed as a monthly rate. Absorption A term used by real estate lenders and developers to describe the process of renting up newly built or renovated office space or apartments. The term "absorption period" is often used to describe the period of time necessary for absorption. Abstract of title A written report summarizing the history of title transactions and conditions of title that affect a given piece of land covering the period from the present back to a date in the past.
The payment history of an account over a specific period of time, including the number of times the account was past due or over limit. Any and all persons designated and authorized to transact business on behalf of an account. Each account holder's signature needs to be on file with the bank. The signature authorizes that person to conduct business on behalf of the account. See also Joint Account Holder.
Net assets are assets in excess of liabilities. Liquid assets are assets either in the form of cash or readily convertible into cash. Balanced Trust - Balanced Trusts invest in the broadest spectrum of investment markets, including shares, listed property trusts and government securities. The main advantage in making this type of investment lies in the flexibility afforded to their fund managers in being able to alter the investment composition of the trust in the light of changing economic and investment conditions to pursue the best results. Capital Growth - The increase in value of an asset or investment i. Provided the result is positive, not negative.
Glossary of terms used in payment and settlement systems Bank for International Settlements: The authoritative Basel Committee's glossary on terminology in banking payment and settlement. Monolingual English. Dictionary of Banking This updated edition of the "UBS dictionary of banking" contains definitions of over 2, terms, incorporating the latest information available from our Research department Banking Glossary E-Check Processing Glossary.
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