Tag: treasury

What is 'Uncollected Funds' The amount of a bank deposit that comes from checks that have yet to be cleared by the...

DefinitionU.S. savings bonds are debt securities issued by the U.S. Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S....

What is an underpayment penalty An underpayment penalty is a fee charged by the IRS for taxpayers who do not pay enough tax throughout the...

What does 'Offset' mean An offset involves assuming an opposite position in regards to the original opening position. Additionally, to offset is...

DefinitionIn business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without...

DefinitionJohn T. Dillon, is the retired chairman and chief executive officer of International Paper. John T. Dillon What is 'John T. Dillon' ...

What is 'Japanese Government Bond - JGB' A bond issued by the government of Japan. The government pays interest on the bond...

Who is James Crosby? James Crosby is a retired British banker who served as the chief executive of HBOS from 2000 to 2006. Born in...

What is the U.S. Treasury The United States Department of the Treasury is the national treasury of the United States federal government. It was established...

Earnings Credit Rate (ECR) What is 'Earnings Credit Rate - ECR' A daily calculation of interest paid on idle funds that reduce...