Tag: bank
Life Insurance
DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...
Illiquid
What does 'Illiquid' mean
Illiquid refers to the state of a security or other asset that cannot easily be sold or exchanged for cash without...
Abu Dhabi Investment Council (ADIC)
What is 'Abu Dhabi Investment Council - ADIC' A sovereign wealth fund owned by Abu Dhabi, the capital of the United Arab...
Abandon Rate
What is 'Abandon Rate'
Abandon rate in call center
The percentage of inbound phone calls made to a call center or service desk that are abandoned...
Balance Sheet
DefinitionIn financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization, whether...
Economic And Social Stabilization Fund (Chile)
What is 'Economic And Social Stabilization Fund - Chile' The Economic and Social Stabilization Fund is a government-owned investment organization that manages...
Jobless Recovery
DefinitionA jobless recovery or jobless growth is an economic phenomenon in which a macroeconomy experiences growth while maintaining or decreasing its level of employment....
Callable Certificate Of Deposit
What is 'Callable Certificate Of Deposit' An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types...
Off Balance Sheet (OBS)
What is an 'Off Balance Sheet - OBS' Off balance sheet (OBS) items refer to assets or liabilities that do not appear...
Import
What is an 'Import' An import is a good or service brought into one country from another. The word "import" is derived...