Tag: banks

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,...

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

Why Is Undercapitalization a Problem? And How You Can Fix It Undercapitalization is a condition in which a business does not have enough funds to...

What is 'U.S. League Of Savings Institutions' A now-defunct nationwide organization of savings institutions. The U.S. League of Savings Institutions was created...

DefinitionIn finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a...

What is 'Target Cash Balance' The ideal amount of cash that a company wishes to hold in reserve at any given point...

What is 'Know Your Client - KYC' The Know Your Client form is a standard form in the investment industry that ensures...

Inflation is well defined as a sustained increase in the general level of prices for goods and services wherein the purchasing power falls. It...

What is 'Absorbed' 1. In a general business sense, when a cost is treated as an expense instead of being passed on...

What does 'Illiquid' mean Illiquid refers to the state of a security or other asset that cannot easily be sold or exchanged for cash without...