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Glossary Terms

Absolute advantage

Acceptance price

Account Analysis

Account statement

Accounts Payable

Accounts Receivable

Accrued Interest

Actuary

Additional Voluntary Contributions

Adjustable rate mortgage

Adjusted balance

Affinity Card

Affinity Card

Alternative Payment Systems

American Express

Amortization

Annual percentage rate

Anonymous Payment Mechanism

Application

Appraisal

Asset based borrowing

Assets

Auction Market

Authorization

Automated Clearing House

Automated teller machine

Automatic Payment

Automatic Transfer

Availability

Average daily balance

Balance

Balance of trade

Balance sheet

Balloon Mortgage

Balloon payment

Bank

Bank Cheque

Bank Examination

Bank Wire

Banker's draft

Banking Code

Bankrupt

Bankruptcy

Basis point

Bearer

Benchmark

Beneficiary

Bill Pay Fee

Bill Presentment

Bond

Bond rating

Borrower

Bounced check

Broker-dealer

Budget

Budget Card

Budget Deficit

Business Cycle

Business plan

Buydown

Call option

Call premium

Call Report

Canceled check

Capacity Utilization

Capacity utilization rate

Capital Gain or Loss

Capital growth

Capital investments

Cardholder agreement

Cash flow

Central bank intervention

Check clearing

Check Safekeeping

Checking Account

Cheque

Cheque book

Clearing

Clearing house

Closing Costs

Collateral

Collected balance

Compounding

Consumer Price Index

Correspondent Bank

Credit

Credit card

Credit line

Credit report

Credit Risk

Credit union

Currency Code

Currency depreciation

Current ratio

Day trade

Daylight Overdraft

Debenture

Debit

Debit card

Debt

Default

Defensive stocks

Deflation

Demand deposit

Demutualisation

Deposit reconciliation

Deposits

Depreciation

Devaluation

Direct banking

Dirty float

Discount rate

Discount Yield

Dividends

Down Payment

Draft

Drawdown

Drawee bank

Due on Sale

E-commerce

Earnings credit rate

Earnings per share

Econometrics

Economic growth

Economy

Efficient capital market

Electronic Banking

Electronic Check

Employment rate

Endorse

Endorsee

Endorser

Entrepreneur

Equity

Escrow Account

Eurodollars

Exchange

Expected rate of inflation

Exponential Market

Export-import bank

Factoring

Farm

Federal Advisory Council

Federal Deposit Insurance Corporation

Federal funds

Federal Housing Administration

Federal reserve system

FHA Loan

Fiat money

Fiduciary transactions

Financial EDI

Financial inclusion

Financial Institution

Financial Leverage

Financial Statement

Fiscal Deficit

Fiscal policy

Fixed (long-term) liabilities

Fixed assets

Fixed Rate

Fixed-Return Instruments or Vehicles

Floating

Floor Limit

For Further Credit

Foreign currency futures contract

Forward Exchange Rate

Founder's share

Four Pillars

Franchise

Free Banking

Free Bill Pay Sessions

Friendly societies

Full reconciliation

Funds Rate

Futures

Futures Market

Gold Card

Gold coins

Gold standard

Good Faith Estimate

Government obligations

Grace Period

Graduated Payment

Grandfathered activities

Gross Domestic Product

Gross operating profit

Gross profit margin

Group master account

Group Personal Pension

Guaranteed Investment Certificate

Guarantor

Guaranty

Hard dollar service charges

Hazard Insurance

Hedge

Hedge Fund

Hedging

Home Banking

Home Equity Line of Credit

Home Equity Loan

Home Income Plan

Hot issues

Hot money

In house processing float

Income Statement

Indemnity

Independent Bank

Index

Index-linked bond issue

Inflation

Insufficient Funds

Insurance Ombudsman Bureau

Interest

Interest payments

Interest rate collar

Interest Transfer

International monetary system

Intervention points

Introductory rate

Inventory

Inverted yield curve

Investment Banking

Issuer

The Industry Hot Card File



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