Tag: banks

What is 'Uncollected Funds' The amount of a bank deposit that comes from checks that have yet to be cleared by the...

What is an 'Underlying Security' An underlying security is the security on which a derivative derives its value. For example, a call...

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

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...

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...