Topic: Banking Terms
Not finding your answer? Try searching the web for Banking Terms
Answers to Common Questions
Where Does the Term Bank Teller Come From?
In the 21st century, many people in post-industrial societies almost never venture inside a bank. Instead, they do their banking business at home on their computers, by telephone or through Automated Teller Machines (ATMs). However, bank te... Read More »
Source: http://www.ehow.com/about_5533872_term-bank-teller-come.html
What Are Short-Term Bank Notes?
A short-term bank note is simply a short-term loan made at a bank. Use of the term "note" rather than "loan" is common when referring to the loan document itself or when describing a bank's holdings. Read More »
Source: http://www.ehow.com/facts_7148150_short_term-bank-notes_.html?ref...
What Does the Banking Term "Point of Sale" Mean?
Credit and debit card customers often see transactions on their statements described as "point of sale" transactions. Point of sale (POS) refers to the terminals used by many vendors to collect credit and debit card information when custome... Read More »
Source: http://www.ehow.com/about_7413307_banking-term-_point-sale_-mean_...
More Common Questions
Answers to Other Common Questions
Deposits are a bank's chief funding source. They lend out the deposits to customers in the form of mortgages, lines of credit and other types of loans. Banking regulations establish how much in loans banks can have in relation to deposits. ...
Read More »
Source: http://www.ehow.com/how_6108561_definition-long-term-deposits.htm...
What is the full form of TAT in banking Save
Read More »
Source: http://wiki.answers.com/Q/What_is_TAT_in_Banking_term
Loan Against Trust Receipts
Read More »
Source: http://wiki.answers.com/Q/What_is_LTR_in_Banking_term
The purpose of crystallization is to protect the chargee's interest by assuring that a floating charge becomes fixed ahead of any claims which would otherwise compete with those of the chargee. accurate-sureshot-stock-tips.blogspot.com
Read More »
Source: http://wiki.answers.com/Q/What_is_crystallisation_in_Banking_Term...
A Certificate of Deposit is a special type of deposit account that can be opened by any customer. The customer will deposit a large sum of money with the bank for a predetermined period of time (Usually in months or years). The bank will of...
Read More »
Source: http://wiki.answers.com/Q/What_is_a_CD_in_terms_of_banking
SLR stands for Statutory Liquidity Ratio. Statutory Liquidity Ratio is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with ...
Read More »
Source: http://wiki.answers.com/Q/What_is_SLR_in_banking_term
Liquidity refers to the amount of liquid cash (Currency) they hold at any given particular time. This money is used to sanction loans, meet customer withdrawal needs etc.
Read More »
Source: http://wiki.answers.com/Q/What_is_the_liquidity_in_terms_of_Bank
