account
Account, in its simplest bookkeeping form, is a record of money paid and owed. A banking account is an more... http://www.investorglossary.com/account.htm
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account balance
Account balance is a net figure that refers to the dollar amount of credits and debits at the time the more... http://www.investorglossary.com/account-balance.htm
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account reconciliation
Account reconciliation is a banking term referring to the process of confirming that the balance in one's checkbook matches the more... http://www.investorglossary.com/account-reconciliation.htm
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account statement
An account statement is a document that provides information about a specified account for a given period of time. more... http://www.investorglossary.com/account-statement.htm
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balance
In accounting, the balance of an account is defined as the sum of all debits and credits to that account. more... http://www.investorglossary.com/balance.htm
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bank
A bank is a financial institution that accepts deposits and makes loans. The bank has a unique, characteristic balance more... http://www.investorglossary.com/bank.htm
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cancelled check
A cancelled check is a check that has been approved by a bank or another financial institution. Once a check more... http://www.investorglossary.com/cancelled-check.htm
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cash reserves
A company’s cash reserves are the funds available to meet its needs for cash, especially unanticipated needs. What level more... http://www.investorglossary.com/cash-reserves.htm
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cashier's check
A cashier's check is issued and certified by a bank on its own account. A purchaser acquires a cashier's more... http://www.investorglossary.com/cashier's-check.htm
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CD
A CD, or Certificate of Deposit, is a savings instrument issued by a bank or thrift. The CD pays more... http://www.investorglossary.com/cd.htm
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Central Bank
A central bank is fundamentally a chief bank of a given nation. The essential responsibilities of the central bank include more... http://www.investorglossary.com/central-bank.htm
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checking account
A checking account is an account at a depository institution against which checks may be written to make payments. more... http://www.investorglossary.com/checking-account.htm
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commercial bank
A commercial bank is a financial intermediary which collects credit from lenders in the form of deposits and lends in more... http://www.investorglossary.com/commercial-bank.htm
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commission
A commission is a fee paid to a third party in exchange for assistance in completing a financial transaction. A more... http://www.investorglossary.com/commission.htm
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compound interest
Compound interest is the payment of interest on both principal as well past accrued interest. The opposite of compound interest more... http://www.investorglossary.com/compound-interest.htm
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credit card
A credit card is the small plastic card issued to the borrower. the credit card issuer agrees to lend the more... http://www.investorglossary.com/credit-card.htm
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debit card
A debit card is a plastic card that resembles a credit card. Using a debit card a customer can more... http://www.investorglossary.com/debit-card.htm
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debt instrument
A debt instrument is a contractural or written assurance to repay a debt. A debt instrument can be a more... http://www.investorglossary.com/debt-instrument.htm
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demand deposit
A demand deposit is a type of financial account that allows the account holder to withdraw funds on demand. This more... http://www.investorglossary.com/demand-deposit.htm
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deposit
Deposit has two distinct meanings. Meaning one is applied to funds provided as security or collateral for expected delivery more... http://www.investorglossary.com/deposit.htm
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deposit slip
A deposit slip is a written form of notification that reflects the dollar amount deposited to an account by an more... http://www.investorglossary.com/deposit-slip.htm
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direct deposit
Direct deposit is a program in which a payment is deposited directly into a savings, checking, or brokerage account. more... http://www.investorglossary.com/direct-deposit.htm
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effective annual interest rate
An effective annual interest rate is used to determine the interest rate on an annual basis after accounting for the more... http://www.investorglossary.com/effective-annual-interest-rate.htm
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Electronic Funds Transfer
Electronic funds transfer, or EFT, is a system for transferring money from one bank to another. In electronic funds transfer, more... http://www.investorglossary.com/electronic-funds-transfer.htm
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FDIC
The FDIC, or Federal Deposit Insurance Corporation, is an independent agency of the US federal government created to preserve and more... http://www.investorglossary.com/fdic.htm
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Fed funds rate
The Federal Reserve Board has the power to influence the money supply with the purchase and sale of government securities. more... http://www.investorglossary.com/fed-funds-rate.htm
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float
Float, also referred to as free float, is a number of outstanding shares of stock available for trading by the more... http://www.investorglossary.com/float.htm
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joint account
Joint account is opened by two or more owners. The advantage of a joint account is that each owner is more... http://www.investorglossary.com/joint-account.htm
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jumbo CD
A jumbo CD, or certificate of deposit, is a CD having a minimum denomination of $100,000. Individuals and institutions more... http://www.investorglossary.com/jumbo-cd.htm
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lender of last resort
A lender of last resort is a financial institution, such as a nation’s central bank, that provides economic relief by more... http://www.investorglossary.com/lender-of-last-resort.htm
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letter of credit
A letter of credit is a document a buyer requests from their bank stating that payment to a seller will more... http://www.investorglossary.com/letter-of-credit.htm
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money center bank
The term money center bank is used to describe the largest financial services firms. There is no precise definition more... http://www.investorglossary.com/money-center-bank.htm
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negotiable certificate of deposit
A negotiable certificate of deposit is a large denomination certificate of deposit (CD), a savings instrument issued by a bank. more... http://www.investorglossary.com/negotiable-certificate-of-deposit.htm
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online banking
Online banking is a service offered by banks that allows account holders to access their account data via the Internet. more... http://www.investorglossary.com/online-banking.htm
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real interest rate
A real interest rate is an interest rate adjusted for either current or expected inflation. According to the Fisher more... http://www.investorglossary.com/real-interest-rate.htm
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regional bank
In the US, the term regional bank is used to describe a midsized depository institution that is larger than a more... http://www.investorglossary.com/regional-bank.htm
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reserve requirement
The reserve requirement is the fraction of deposits that a central bank requires that banks hold rather than lend out. more... http://www.investorglossary.com/reserve-requirement.htm
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retail banking
Retail banking is a banking service that is geared primarily toward individual consumers. Retail banking is usually made available by more... http://www.investorglossary.com/retail-banking.htm
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variable rate
A variable rate is an interest rate that may fluctuate over time. To determine its variable rate, a lender more... http://www.investorglossary.com/variable-rate.htm
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wholesale banking
Wholesale banking can mean two different things. Sometimes wholesale banking is the provision of services by banks to other financial more... http://www.investorglossary.com/wholesale-banking.htm
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wire transfer
A wire transfer is simply an electronic transfer of funds. A wire transfer allows people on opposite sides of the more... http://www.investorglossary.com/wire-transfer.htm
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