Business and Personal Finance Dictionary

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• BANK MARKET - Is the spot and forward markets for currencies. Here, there are known counterparties to t...
  
  
• BANK MERGER ACT (BMA) - popular nickname for a section of the Federal Deposit Insurance Act (FDIA).
  
  
• BANK NAME RISK OR BANK NAME LIQUIDITY RISK - See bank-specific liquidity risk.
  
  
• BANK NOTE - A term used synonymously with paper money or currency issued by a bank. Notes are, in effec...
  
  
• BANK OF CANADA - The country's central bank, which formulates and implements monetary policy. As the fe...
  
  
• BANK OF FIRST DEPOSIT - The bank where a customer deposits a check.
  
  
• BANK PROTECTION ACT OF 1968 - a federal law that authorized the Federal Home Loan Bank Board and other ...
  
  
• BANK RATE - The interest rate paid by major financial institutions if they borrow from the Bank of Cana...
  
  
• BANK RECONCILIATION - the verification of a bank statement balance and the depositor's checkbook balanc...
  
  
• BANK REGULATION - The formulation and issuance by authorized agencies of specific rules or regulations,...