Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Banking > Bank

Term: Banking -> Bank
Term:

Bank

Definition:

A financial business, chartered by the state or federal government. Banks borrow money at one rate from individuals and organizations that have excess cash. They then lend the money at higher rates to entities that are in need of cash. In recent years service charges have joined interest rate spreads as a major source of bank revenue.

Related terms:

Satement stuffer

Comfort letter

Useful articles:
»Reaching Customers With Style, Strategy, and Speed
»People Buy From People They Trust
»Ingredients of Positive Sales Presentations
»Build eBay Profits with a Powerful Category Strategy


Car payments
Life insurance
Refinance


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
Time Management
This article explains how to begin leaving work on time while remaining just as productive as when you stay late.

To avoid chasing the clock forever, an individual must leave work on t... [ more... ]

Agent Recruitment
Increasingly, companies are evaluating job candidates on how well they fit their corporate culture — not just the job.

It’s an important consideration, as shrinking budget... [ more... ]

Career
In the midst of hundreds, if not thousands, of résumés recruiters and employers receive for any given position, your résumé needs to stand out from the crowd. You must make the Hiring Manager want ... [ more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com