Use this bank glossary to familiarize yourself with common banking terminology and bank account definitions. Banking terms - free dictionary lookup in over 77 languages and 1,700 dictionaries. Balance – the total amount of money you have in your bank withdrawal – taking money out of a bank account banking terms glossary - continued title. Canadian banks banking terms banking terms many canadians are confused and intimidated by some banking terms, simply because they never had the chance to learn their meaning. This page provides links to banking, securities, insurance and commodities/futures glossaries which provide common terms and definitions used in those industries. Go through the glossary of financial terms and know the meaning of all financial terms through their definitions here at the economic times.
Pages in category banking terms the following 139 pages are in this category, out of 139 total this list may not reflect recent changes (. Financial institutions may be awash in jargon, but understanding these banking terms should help you navigate through it and properly steer your finances. D debit: a debit is a term used in accounting and banking which means a charge, or a withdrawal, or a subtraction direct deposit: this is an electronic way of having money due to you. In every ibps exam at least 2-3 questions are asked from banking terminology i have made a list of all banking terms, learn them. You may already be well versed in financial terms, but if you are open to a refresher course or expanding your financial word bank, this post is for you i’ve taken 42 financial terms that i. Glossary of accounting, finance and economic account ‐‐ a record of financial an investment in a fixed asset with a long‐term use.
Dictionary of banking terms and phrases (also known as a term deposit) is a money deposit at a bank that cannot be withdrawn for a certain term or period of time. Are you unfamiliar with some checking account terminology learn more about common checking account terms with this helpful glossary from keybank. A bank is a financial institution that accepts deposits from the public and creates credit lending activities can be performed either directly or indirectly through capital markets. Ach origination: the ability to send and collect money electronically using the automated clearing house network adjustable rate loan: an adjustable rate loan, also known as variable rate.
F riends, knowing banking terminology with definitions play a vital role in your success in almost all bank exams and interviews so you should get a good knowledge on them. Online banking terms checking “i have read and agree to the online banking terms and conditions” at enrollment or login constitutes your acceptance. Start studying banking terminology learn vocabulary, terms, and more with flashcards, games, and other study tools. Hi friends here posting: completer guide to banking terminology advertisements.
Definitions of banking terms acquisition the process of buying or acquiring some asset or an entire company activity this consists of the primary banking activity of an institution. In a series of providing free study material for sbi clerk exam today i am providing basic financial and banking terms. Short-term financial instrument that is the unconditional obligation of the accepting bank, used to finance trade-related transactions (eg, importation.
Do you find financial jargon a little confusing sometimes this glossary can help you with of your finances by understanding the meanings of common terms. Glossary aer – annual earnings rate on an investment annuity – a life insurance product which pays income over the course of a set period deferred annuities allow assets to grow before. View a comprehensive glossary of financial terms related to checking and savings accounts on bank of america's website. A glossary of personal finance terms you need to know discover the definition of financial words and phrases.
Investorwords - the most comprehensive investing glossary on the web over 18000 financial and investing definitions, with links between related terms. The basic banking terms are frequently asked in all the bank interviews these terms are useful not only for your interview but also for y. A glossary of terms used in payments and settlement and the european central bank (ecb) the first glossary to be included in this collection is from the. A: this is exact opposite of repo rate reverse repo rate is the rate at which reserve bank of india (rbi) borrows money from banks rbi uses this tool when it feels there is too much money. Improve your financial literacy with this dictionary of financial terms learn the most commonly used terms in finance, business and the stock market.
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