interest-only credit
101Bankcard (credit card) — Bankcards were held by 2.3 million people and accepted by 350,000 establishments. Bankcard.com.au reported an annual charge volume of $5.5 billion AUD.On 2 February 2006 the Bankcard Association of Australia announced that it would phase out all… …
102Immediate Credit — The Federal Reserve practice of clearing checks deposited by member banks on the same day they re deposited. This service is only available when the Federal Reserve has one of its branches in the same city as the bank wishing to process the check …
103Earnings Credit Rate - ECR — A daily calculation of interest paid on idle funds that reduce bank service charges. A calculated amount is then used to pay for banking fees. Therefore, customers with larger deposits and balances tend to pay lower bank fees for their accounts.… …
104Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
105United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …
106Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
107Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …
108Late-2000s financial crisis — The TED spread (in red) increased significantly during the financial crisis, reflecting an increase in perceived credit risk …
109USURY — Biblical Law SOURCES If thou lend money to any of My people, even to the poor with thee, thou shalt not be to him as a creditor (nosheh), neither shall ye lay upon him interest (Ex. 22:24). And if thy brother be waxen poor and his means fail with …
110Financial history of the Dutch Republic — describes the history of the interrelated development of financial institutions in the Dutch Republic. The rapid economic development of the country after the Dutch Revolt in the years 1585 1620, described in Economic History of the Netherlands… …
