Banking and finance News,stock watch, economic report and investment tips and avenues.
Thursday, 2 February 2012
Capital Adequacy
The ability of a bank to meet the needs of its depositors and other creditors
Cap and collar morgage
A mortgage in which the variable interest rate paid by the borrower cannot rise above or fall below specified levels, such a morgage may be granted for the first few years of a loan
Call provision
A clause in the agreement between the issuer and the holders of bond that entitles the issuer to redeem the bond before maturity
Call money
Money put into the money market that can be called at short notice
A grace period
A period in which the borrower is unable to call the bond
Callable Bonds
Fixed rate bonds usually convertable in which the issuer has the right, but not the obligation to redeem(call) the bond during the life of the bond
Accounting software
Is application software record and processes accounting transactions within functional models such as account payable, account receivable,payroll and trial balance
Buying in
Buying of securitie, commodities and foreigh exchange by a broker because the original seller has failed to deliver
Buying forward
Buying commodities, securities, and foreigh exchange for delivery at a date in the future in order to establish a bull position
Buy earnings
To invest in a company that has loww yield but whose earnings are increasing so that substantial gain can be made
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