Tag: banks
Offline Debit Card
What is 'Offline Debit Card' A card that combines characteristics of both a traditional (online) debit card and a credit card, allowing...
Ombudsman
What is 'Ombudsman' An official who investigates complaints (usually lodged by private citizens) against businesses, financial institutions and/or the government. An ombudsman...
Office Of The Comptroller Of The Currency (OCC)
What is 'Office Of The Comptroller Of The Currency - OCC' A U.S. federal agency that serves to charter, regulate and supervise...
Mark to Market
DefinitionMark-to-market or fair value accounting refers to accounting for the "fair value" of an asset or liability based on the current market price, or...
Office Of Thrift Supervision (OTS)
What is the Office of Thrift Supervision (OTS)?
The Office of Thrift Supervision (OTS) is a federal regulator of savings and loan associations, savings banks,...
Omnibus Account
What is an Omnibus Account
An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...
Madrid Fixed Income Market .MF
What is the Madrid Fixed Income Market .MF
Spain's MF is a short-term debt instrument used by the Spanish government to finance its daily operations...
Management Investment Company
What is a Management Investment Company (MIC)?
A MIC is a type of investment company that is regulated by the SEC. MICs are similar to...
Magnetic Ink Character Recognition Line (MICR)
What is 'Magnetic Ink Character Recognition Line - MICR' The information that appears at the bottom of a check that includes the...
Manual Trading
Manual trading is a process where traders make all of their own investment decisions, without the help of any automated software. This can be...