Tag: credit
Impaired Asset
What is an 'Impaired Asset' An impaired asset is a company's asset that has a market price less than the value listed...
Yield Spread Premium
What is yield spread premium
Yield spread premium is the difference between the interest rate a borrower pays on a loan and the interest rate...
In-House
What is 'In-House' In-house refers to conducting an activity or operation within a company, instead of relying on outsourcing. A firm uses...
Immediate Credit
What is 'Immediate Credit' The Federal Reserve practice of "clearing" checks deposited by member banks on the same day they're deposited. This...
Illiquid Option
What is 'Illiquid Option' An option contract that cannot be sold for cash quickly at the prevailing market price. Illiquid options have...
Impaired Capital
What is 'Impaired Capital' 1. When a bank's actual assets are worth less than their stated value. When a bank has impaired...
Identity Theft
DefinitionIdentity theft is the deliberate use of someone else's identity, usually as a method to gain a financial advantage or obtain credit and other...
Identity Fraud Reimbursement Program
What is 'Identity Fraud Reimbursement Program' A financial product that offers reimbursment for the costs associated with having been a victim of...
In-House Financing
What is 'In-House Financing' In-house financing is a type of seller financing in which a firm extends customers a loan, allowing them...
National Automated Clearinghouse Association (NACHA)
National Automated Clearinghouse Association (NACHA) What is 'National Automated Clearinghouse Association - NACHA ' A non-profit membership association charged with overseeing...