Banking And Finance 1-24
24 entries in the Banking And Finance compendium.
Banking And Finance 1-24 — Era Chart
ATMDevice enabling self-service financial transactions anytime, without bank staff.Bank tellerFront-line bank employee handling cash and customer service.BanknoteA banknote is a type of paper money issued by a bank.BankruptcyLegal process for debt relief from creditors.Bond (finance)A debt security obligating the issuer to pay principal and interest.Bond marketA financial market for issuing and trading debt securities.Capital marketA market for long-term debt and equity securities.Central bankA financial institution managing monetary policy and ensuring banking stability.ChequeA written order to pay money from an account.Commercial bankFinancial institutions that accept deposits and create credit for commerce.Credit unionMember-owned cooperatives offering banking services with a community focus.Digital currencyDigital currency is money managed and exchanged on digital systems.Foreign exchange marketGlobal decentralized market for trading currencies, largest by volume.Fractional-reserve bankingBanking system where only a fraction of deposits is held in reserve.Interest rateInterest rates are the price of borrowing money.Foreign exchange reservesReserve assets held by central banks to manage currency and payments.Forward contractA non-standardized contract to buy or sell an asset at a future date.Futures contractStandardized contract to buy or sell at a future date.Futures exchangeCentral exchange for trading standardized futures contracts.Goldman SachsAmerican multinational investment bank founded in 1869.HSBCBritish universal bank with roots in colonial Hong Kong.ING GroupDutch multinational banking and financial services corporation.JPMorgan ChaseLargest U.S. bank by market cap, formed by 2000 merger.Lehman BrothersAmerican investment bank that collapsed in 2008, triggering global financial turmoil.
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