Tagged: Banking

Bank

A bank is a financial institution that accepts deposits and uses the money for lending it individuals and/or businesses, directly or indirectly. It is basically a financial intermediary that connects customers that are in need...

Personal Finance

Principles of finance are applied at different levels for taking monetary decisions, right from the level of an individual to a nation’s economy. Application of these principles at the level of an individual or...

Office of Thrift Supervision (OTS)

The original national banking laws essentially forbade national banks from making residential mortgage loans. Savings institutions—variously known as savings and loans, savings banks, and building associations—helped fill the gap. The U.S. thrift industry’s roots...

Gold Standard

Gold Standard Introduction A Monetary system in which economic unit of account is a fixed weight of gold is called as gold standard. A gold standard system can be classified in various kinds. The gold...

Government Bond

As a bond issued by a governing entity, a Government bond assures time bound interest payments. A Government bond also guarantees encashment for a certain amount upon completion of a fixed period. The idea...

Municipal bond

Municipal bonds, or Munis for short, are bonds issued by city, county, or state governments for a variety of projects such as building schools, expanding highways, or constructing a new sewage system. Municipal bonds...

Rogue trader

A rogue trader is an official employee who makes trades on behalf of the company that are not legal or approved by the company. This term is used to denote the employees who work...