Business and Personal Finance Dictionary

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• BANK RUN (BANK PANIC) - A series of unexpected cash withdrawals caused by a sudden decline in depositor...
  
  
• BANK RUN - BANK PANIC - A series of unexpected cash withdrawals caused by a sudden decline in depositor...
  
  
• BANK SECRECY ACT OF 1970 (BSA) - More formally known as The Financial Recordkeeping and Reporting of Cu...
  
  
• BANK SERVICES CONTRACT - A contract with a bank outlining the responsibilities of the bank and the bank...
  
  
• BANK SETTLEMENT ACCOUNT - A Wells Fargo Bank checking account linked to your brokerage account for auto...
  
  
• BANK SPREAD - The difference between the interest rate a bank charges a borrower and the interest rate ...
  
  
• BANK STATEMENT - a statement reporting all transactions in the accounts held by the account holder.
  
  
• BANK SUPERVISION - Oversight of individual banks to ensure that they are operated prudently and in acco...
  
  
• BANK TRUST DEPARTMENT - Bank department that deals with estates, administers trusts, and provides servi...
  
  
• BANK WIRE - A computer message system linking major banks. It is used not for effecting payments, but a...