Tag: banks

Dealer Bank

What is 'Dealer Bank' A commercial bank authorized to buy and sell government debt securities including federal and municipal bonds. This debt...

Daylight Overdraft

DefinitionIn the United States, the daylight overdraft is a system in which "allows qualifying banks to overdraw on their Federal Reserve accounts in order...

Dark Pool Liquidity

What is 'Dark Pool Liquidity' Dark pool liquidity is the trading volume created by institutional orders executed on private exchanges and unavailable...

Day Loan

What is 'Day Loan' A temporary transfer of funds from a bank to an individual broker or a brokerage firm that is...

Day Rate

What is 'Day Rate' The price/cost of a particular service for a day's period. In some markets it is referred to as...

Unconventional Oil

DefinitionUnconventional oil is petroleum produced or extracted using techniques other than the conventional method. Oil industries and governments across the globe are investing in...

Price-to-Book Ratio

The price-to-book ratio, also known as P/B ratio or price-to-equity ratio, is a type of financial ratio which is primarily used to compare the...

Large Value Transfer System (LVTS)

What is 'Large Value Transfer System - LVTS' An electronic wire payment system in Canada, facilitating the transfer of funds between large...
unauthorized insurer

Unauthorized Insurer

There are a lot of risks associated with working with an unauthorized insurer. In fact, it's often a bad idea to do so. However,...

Underbanked

DefinitionThe underbanked is a characteristic describing people or organizations who do not have sufficient access to mainstream financial services and products typically offered by...

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