What are some banking terms?

What are some banking terms?

Glossary of Basic Banking Terms

• Account.
• ACH (Automated Clearing House).
• APR (Annual Percentage Rate).
• APY (Annual Percentage Yield).
• ATM (Automated Teller Machine).
• Available balance.
• Cash equivalents.
• Certificate of deposit (CD).

What is Mar in banking?

A MAR ratio is a measurement of returns adjusted for risk that can be used to compare the performance of commodity trading advisors, hedge funds, and trading strategies. The higher the ratio, the better the risk-adjusted returns.

What are the terms used in finance?

Here are 10 financial terms everyone should know

• Compound interest. Compound interest is interest on the amount of money you have deposited or borrowed.
• FICO score. Getty Images.
• Net worth.
• Asset allocation.
• Capital gains.
• Rebalancing.
• Stock options.
• Defined-contribution plans.

What is a DDL loan?

A delayed draw term loan (DDTL) is a special feature in a term loan that lets a borrower withdraw predefined amounts of a total pre-approved loan amount. The withdrawal periods—such as every three, six, or nine months—are also determined in advance.

What does ISN mean in banking?

Initial Sequence Numbers (ISN)

What is Mar in surveillance?

Regulations like MiFID II and the Market Abuse Regulation (MAR) in Europe, and Dodd Frank in the US, have raised the bar with respect to trade surveillance as regulators seek to boost transparency and investor protections across the board.

What are mar rules?

“MAR aims to increase market integrity and investor protection, enhancing the attractiveness of securities markets for capital raising.” In generic terms, the regulation penalises insider trading, market manipulation, and unlawful disclosure of information.

What are the 6 principles of finance?

The six principles of finance include (1) Money has a time value, (2) Higher returns are expected for taking on more risk, (3) Diversification of investments can reduce risk, (4) Financial markets are efficient in pricing securities, (5) Manager and stockholder objectives may differ, and (6) Reputation matters.

What is a DDA check?

The term DDA is used in banking, and financial institution stands for “Demand Deposit Account.” This checking account is for those who deposit or withdraw funds often. In a DDA account, you get facilitate to transfer money or withdraw funds anytime without even visiting your bank.

What is a DDA deposit?

A demand deposit account (DDA) is a type of bank account that offers access to your money without requiring advance notice. In other words, money can be withdrawn from a DDA on demand and as needed. These accounts are most useful for managing everyday spending, paying bills or withdrawing cash.

Which is the glossary of banking terms and definitions?

Glossary of Banking Terms and Definitions. This relates to a provision regarding bank notes of hand or guarantees, and includes the authorization of the borrowers or sureties given to the bank, to create a judgment lien, at any time after the completion of the legal instruments.

Are there any slang words in the finance world?

But like any industry, the finance world is also filled with lively slang words and phrases, coined over the years to describe practices and trends unique to that world. Here are a few of our favorites.

Which is the best definition of a bank account?

A bank account is an account held by a person with a bank, with the help of which the account holder can deposit, safeguard his money, earn interest and also make check payments. Bank Debt. A bank debt is basically any debt that is owed to a bank, by any kind of consumer, organization, or corporation.

Why are there no banks in the United States?

Most banks are profit-seeking corporations that make money by charging borrowers more money for loans than the bank pays customers who deposit their own. [13] Colonial Americans either gave credit to each other or relied on credit from banks in England, so there were no banks in the United States until after the Revolutionary War.