- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Financial activities closely related to banking that may be engaged in by bank holding companies (BHCs), either directly or through nonbank subsidiaries. For example, a BHC might own finance companies or engage in mortgage banking. The Federal Reserve Board determines which activities are closely related to banking. Before making such activities permissible, the Board must determine that performance of the activities by bank holding companies is in the public interest.
Industry:Financial services
Theory suggesting that a firm initially establish itself locally and expand into foreign markets in response to foreign demand for its product; over time, the MNC will grow in foreign markets; after some point, its foreign business may decline unless it can differentiate its product from competitors.
Industry:Financial services
Option strategy involving the purchase of options with similar expiration dates and different exercise prices.
Industry:Financial services
A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics.
Industry:Financial services
Nonredeemable bond with no maturity date that pays regular interest rates indefinitely.
Industry:Financial services
A type of mortgage pipeline risk that occurs when a lender has an unusual loan in production or inventory but does not have a sale commitment at a prearranged price.
Industry:Financial services
Recordkeeping system in which book inventory is updated daily.
Industry:Financial services
A source of competitive advantage that depends on producing some product or service at the lowest cost.
Industry:Financial services
An agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches.
Industry:Financial services
