earn an interest
61Sanchayaka — is a scheme introduced in Indian schools, to encourage students to save money. Under this scheme, children may deposit money into their account and earn variable interest. The student may withdraw the money anytime. It was first introduced by… …
62Cash-in-advance constraint — The cash in advance constraint (sometimes known as the Clower constraint after American economist Robert Clower)[1] is an idea used in economic theory to capture monetary phenomena. In the most basic economic models (such as the Walras model or… …
63Currency Board — A monetary authority that makes decisions about the valuation of a nation s currency, specifically whether to peg the exchange rate of the local currency to a foreign currency, an equal amount of which is held in reserves. The currency board then …
64Short-Term Investments — An account in the current assets section of a company s balance sheet. This account contains any investments that a company has made that will expire within one year. For the most part, these accounts contain stocks and bonds that can be… …
65idle balance — ➔ balance1 * * * idle balance UK US noun [C] UK ► BANKING, FINANCE money that is saved in a bank account but does not earn any interest: »The Treasury Single Account reduces the costs associated with holding idle balances across a number of… …
66security — [[t]sɪkjʊ͟ərɪti[/t]] ♦ securities 1) N UNCOUNT: with supp, oft N n Security refers to all the measures that are taken to protect a place, or to ensure that only people with permission enter it or leave it. They are now under a great deal of… …
67cash ratio — liquidity ratio The ratio of the cash reserve that a bank keeps in coin, banknotes, etc., to its total liabilities to its customers, i.e. the amount deposited with it in current accounts and deposit accounts. Because cash reserves earn no… …
68cash ratio — liquidity ratio The ratio of the cash reserve that a bank keeps in coin, banknotes, etc. , to its total liabilities to its customers, i. e. the amount deposited with it in current accounts and deposit accounts. Because cash reserves earn no… …
69Time deposit — Interest bearing deposit at a savings institution that has a specific maturity. Related: certificate of deposit. The New York Times Financial Glossary * * * ► See CD. * * * time deposit UK US noun [C] (also fixed deposit) BANKING, FINANCE ► a… …
70earner — earn ► VERB 1) obtain (money) in return for labour or services. 2) gain as the reward for hard work or merit. 3) (of capital invested) gain (money) as interest or profit. DERIVATIVES earner noun. ORIGIN Old English …
