Tag: deposit
Call On A Call
What is 'Call On A Call' A type of compound option in which the investor has the right to exercise a call...
Canadian Depository For Securities Limited (CDS)
What is 'Canadian Depository For Securities Limited - CDS' Canada's national securities depository, clearing and settlement hub. The Canadian Depository for Securities...
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...
Variable-Rate Certificate Of Deposit
What is a Variable-Rate Certificate of Deposit (VRCD)?
A variable-rate certificate of deposit (VRCD) is a type of investment account that offers a variable interest...
Savings Account
DefinitionA savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the...
Variation Margin
How to Calculate Variation and Maintenance Margin
In futures trading, you must provide variation margin to your broker if you want to continue trading. If...
Federal Deposit Insurance Corporation Improvement Act (FDICIA)
What is 'Federal Deposit Insurance Corporation Improvement Act - FDICIA' Passed in 1991 at the height of the Savings and Loan Crisis...
Fixed Interest Rate Loan
Definition
A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows...
Federal Agencies
What is 'Federal Agencies' Special government organizations set up for a specific purpose such as the management of resources, financial oversight of...
Garn-St. Germain Depository Institutions Act
DefinitionThe Garn–St Germain Depository Institutions Act of 1982 is an Act of Congress that deregulated savings and loan associations and allowed banks to provide...