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Glossary of banking terms
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The face of the check bears the words "certified" or "accepted," and is signed by an official of the bank or thrift institution issuing the check. The signature signifies . Definitions of key terms and phrases used in commercial, retail and investment banking and bank regulation. Financial terminology can be complex, so we've provided definitions of many common financial terms to help with your personal financial planning. If you have .
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. Our A - Z glossary and jargon buster can help you understand some key financial terms. government body that regulates banks and other financial companies. The Bank of America banking glossary helps you find the definitions to common banking terms. Find the answers you want in the glossary of banking terms.
View a comprehensive glossary of financial terms related to checking and savings accounts on Bank of America's website. In the paragraphs below, you will find an elaborate glossary of banking terms, in the alphabetical order. The terms are explained in a simple and concise manner . All glossary entries glossary. All glossary entries ECB Statistics Monetary policy Macroprudential policy & financial stability Payments & markets Banking. The words, expressions, institutions and definitions of the Banking and Finance industry can often seem dense and confusing to an undergraduate, even to one. Certificate of Deposit (CD) – a type of investment that requires you to invest your money for a certain length of time and guarantees the same rate of return.
A. A.P.R.: This stands for Annual Percentage Rate, which is a way to measure the cost of a loan on an annual basis. Use the APR to compare the cost of. Glossary of Common Banking Terms. Annual Percentage Rate (APR): the percentage of interest you will pay on the unpaid balance of a credit card or loan over. 9 Jan Banking terminology is not always the easiest to follow. Learn these definitions of common personal banking terms to navigate the banking. Glossary of Terms. Glossary of Terms. Jump to a glossary term. A|B|C|D|E|F|G|H|I| J|K|L|M|N|O|P|Q|R|S|T|U|V|W|X|Y|Z. A. Expand Acceptance Letter of Credit.