Tag: bank
Immediate Family
What is an 'Immediate Family' Immediate family members usually include a person’s parents, spouse, children and siblings. A person’s grandparents, grandchildren, in-laws...
Immediate Beneficiary
What is an immediate beneficiary
An immediate beneficiary is a person or entity who receives benefits from a trust or other financial arrangement immediately, as...
In-House Financing
What is 'In-House Financing' In-house financing is a type of seller financing in which a firm extends customers a loan, allowing them...
Investment Banks
There are few careers as lucrative and prestigious as investment banking. But what exactly is investment banking, and how do you go about getting...
National Currency
What is 'National Currency' The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of...
National Housing Act
What is 'National Housing Act' Federal legislation passed in 1934 to create the Federal Housing Administration (FHA). Its purpose is to make...
Negative Interest Rate Policy
A negative interest rate policy (NIRP) is a monetary policy that is used by central banks to keep negative rates in the country. The...
National Automated Clearinghouse Association (NACHA)
National Automated Clearinghouse Association (NACHA) What is 'National Automated Clearinghouse Association - NACHA ' A non-profit membership association charged with overseeing...
National Pensions Reserve Fund
What is 'National Pensions Reserve Fund' The National Pensions Reserve Fund is a public pension fund established by the Republic of Ireland....
Natural Gas Equivalent
What is natural gas equivalent
Natural gas is a fossil fuel that consists mostly of methane. It is often used as a fuel for cooking,...