Tag: banks

Committee Payment Settlement Systems CPSS

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Global financial standard setting, the G10 committees, and international economic law...

Committee On Payment And Settlement Systems

Learning About the Committee on Payment and Settlement Systems The Committee on Payment and Settlement Systems consists of the central banks of the G10...
Canadian Mortgage and Housing Corporation

Canadian Mortgage and Housing Corporation (CMHC)

What is CMHC and what do they do The Canadian Mortgage and Housing Corporation (CMHC) is a Canadian Crown corporation that provides mortgage loan insurance,...

Passbook Loan

What is 'Passbook Loan' A personal loan extended to a savings-account holder by the custodial bank. Passbook loans use the balance of...

Parallel Loan

DefinitionA parallel loan is two loans taken out by two pairs of companies in different countries from local lenders with the aim of swapping...

Panel Bank

What is 'Panel Bank' The name given to the group of banks contributing to the Euro Interbank Offer Rate (EURIBOR). This group...

National Bank

What is a 'National Bank' A national bank, in the United States, is a commercial bank chartered by the comptroller of the...

Quantitative Easing 2 (QE2)

What is 'Quantitative Easing 2 – QE2' The second round of the Federal Reserve's monetary policy used to stimulate the U.S. economy...

Quid Pro Quo

What is 'Quid Pro Quo' A Latin phrase meaning "something for something". This term is typically used in financial circles to describe...

Quantitative Easing

DefinitionQuantitative easing, also known as large-scale asset purchases, is an expansionary monetary policy whereby a central bank buys predetermined amounts of government bonds or...

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