Tag: banking

Debt means anything that is either owed and/or due. The parties to any debt are referred to as lenders i.e. those who give, and borrowers or those who receive loan. Usage Debt is...

DefinitionA credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on...

What is 'UBS' A multinational diversified financial services company headquartered in Switzerland. UBS is involved in virtually all major financial activities, including...

What is the 'Federal Deposit Insurance Corporation - FDIC' The Federal Deposit Insurance Corporation (FDIC) is the U.S. corporation insuring deposits in...

Investment refers to buying financial assets with the expectation of earning profit in the future. The underlying asset is purchased not for immediate consumption,...

DefinitionKey money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world....

What is an 'Off Balance Sheet - OBS' Off balance sheet (OBS) items refer to assets or liabilities that do not appear...

What is 'John A. Allison IV' A former chairman and CEO of BB&T Corporation, a North Carolina-based financial holding company, from 1989...

DefinitionJean-Baptiste Say was a French economist and businessman. He had classically liberal views and argued in favor of competition, free trade, and lifting restraints...

What is 'Jobs Growth' A component of the Employment Situation Summary, reported monthly by the Bureau of Labor Statistics. The job growth...