Tag: credit

Yankee CD

What is 'Yankee CD' A certificate of deposit (CD) that is issued in the United States by a branch or agency of...

Validation Period

What is 'Validation Period' The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost...

CAMELS Rating System

What is the 'CAMELS Rating System' The CAMELS rating system is a recognized international rating system that bank supervisory authorities use in...

S&P 600

DefinitionThe S&P SmallCap 600 Index, more commonly known as the S&P 600, is a stock market index from Standard & Poor's. It covers roughly...

FDIC Problem Bank List

DefinitionIn American finance, the FDIC problem bank list is a confidential list created and maintained by the Federal Deposit Insurance Corporation which lists banks...

A-Credit

What is 'A-Credit' The highest credit grade available as assigned to a borrower by a lender. Lenders use a credit grading system...

Yankee Certificate Of Deposit

What is 'Yankee Certificate Of Deposit' A certificate of deposit issued by a foreign bank in the United States. As they usually...

S&P Phenomenon

What is 'S&P Phenomenon' The tendency for a stock that has been recently added to the S&P composite index to experience a...

Occupancy Fraud

What is 'Occupancy Fraud' A type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner...

U.S. Agency for International Development (USAID)

What is 'U.S. Agency for International Development - USAID' An independent federal agency of the United States that provides aid to citizens...

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