Tag: monetary

National Currency

What is 'National Currency' The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of...

Negative Interest Rate Policy

A negative interest rate policy (NIRP) is a monetary policy that is used by central banks to keep negative rates in the country. The...

Narrow Money

DefinitionIn economics, broad money is a term denoting a certain measure of the amount of money in a national economy, and it is used...

National Fund For Hydrocarbon Reserves (Mauritania)

What is 'National Fund For Hydrocarbon Reserves (Mauritania)' A sovereign wealth fund administered by the Banque Centrale de Mauritanie, the central bank...

Off-Premise Banking

What is 'Off-Premise Banking' Any bank location other than its main location that provides banking services of any kind that don't require...

In The Money

DefinitionIn the Money is a comedy film starring The Bowery Boys. The film was released on February 16, 1958 by Allied Artists Pictures and...

Narrow Basis

What is 'Narrow Basis' A condition found in futures markets in which the spot price of underlying commodities is close to the...

Off-Floor Order

What is 'Off-Floor Order' An investor's directive to buy or sell securities when that directive is given to a broker, not to...

On-Us Item

What is an 'On-Us Item' An on-us item is a check or draft that is presented to the bank where the check...

Oil Stabilization Fund (Iran)

What is 'Oil Stabilization Fund (Iran)' A government-controlled sovereign wealth fund managed for the government of Iran. The funds deposited with the...

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