Tag: banking

Earnings Credit Rate (ECR) What is 'Earnings Credit Rate - ECR' A daily calculation of interest paid on idle funds that reduce...

DefinitionA year is the orbital period of the Earth moving in its orbit around the Sun. Due to the Earth's axial tilt, the course...

What is 'Unannualized' A rate of return on an investment for a period other than one year. An unannualized return may be used to report...

DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...

DefinitionThe government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax...

Home Ownership by Country Vendor Take-Back Mortgage What is a 'Vendor Take-Back Mortgage' A vendor take-back mortgage is a type of mortgage...

What is Lead Bank and how does it work A lead bank is a financial institution that acts as the coordinator for a syndicated loan....

What is a 'Lapping Scheme' A lapping scheme is an accounting method that involves altering the accounts receivable section of the balance...

Definition Laddering is an investment technique that requires investors to purchase multiple financial products with different maturity dates. Laddering What is 'Laddering' The promotion of inflated pre-IPO prices...

Banks use lagged reserves to manage their liquidity and protect themselves from risks associated with deposit outflows. Lagged reserves are a critical tool for...