- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
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A method of calculating interest on the basis of the lowest balance of an account over the applicable period.
Industry:Financial services
The difference between a bank's offer and bid rates for deposits in the Eurocurrency market.
Industry:Financial services
Slang for making an offer well below the fair value of an asset in hopes that the seller may be desperate to sell.
Industry:Financial services
In the commodities market, a spread consisting of a long position and a short position in different but related commodities for example, speculating that the price relationship between the two commodities will change, e.g., platinum and gold.
Industry:Financial services
Loan made by one unit of a corporation to another unit of the same corporation.
Industry:Financial services
Payment of a financial obligation earlier than is expected or required.
Industry:Financial services