rate of interest on deposits
31Net Interest Income — All firms can divide the balance sheet into assets and liabilities. For banks the assets are commercial and personal loans, mortgages, construction loans and securities. The liabilities are deposits from customers. The net interest income (NII)… …
32Places of interest in the Death Valley area — A view from Zabriskie Point Places of interest in the Death Valley area are mostly located within Death Valley National Park in eastern California. Contents 1 Ama …
33gross interest — The amount of interest applicable to a particular loan or deposit before tax is deducted. Interest rates may be quoted gross (as they are on government securities) or net (as in most building society deposits or bank deposits). The gross interest …
34London Interbank Offered Rate — ( LIBOR) The rate the highest quality banks pay for Eurodollar deposits. There is a different LIBOR for each deposit maturity. LIBOR is commonly used as an index that represents short term rates. American Banker Glossary LIBOR A short term… …
35Hong Kong Interbank Offer Rate - HIBOR — An interest rate stated in Hong Kong dollars on the lending and borrowing between banks in the Hong Kong interbank market. The terms of the deposits vary from overnight to one year. The U.K. version, the London Interbank Offer Rate (LIBOR), is… …
36Bank Rate Monitor Index — An index of money market interest rates paid on deposits at 100 banks in the United States. The index is comprised of the average of interest rates paid on different types of consumer savings on deposit. Bank Rate Monitor Inc. compiles the Bank… …
37money market deposits — ➔ deposit1 * * * money market deposits UK US noun [plural] FINANCE ► amounts of money that are invested in the money market rather than being kept in an ordinary bank account: »Money market deposits often carry a high interest rate …
38Mortgage Rate Lock Deposit — A fee that a lender charges a borrower that allows the borrower to lock in an interest rate for a certain time period with the expectation that the borrower s mortgage will fund within that time period. The longer the lock period, the larger the… …
39earnings credit rate — An interest rate applied to investable account balances to determine how much expense for bank services used by a depositor is offset by the deposits maintained by that depositor. The same calculation can work in the opposite way by applying the… …
40Refunding Escrow Deposits - REDs — A type of forward financial contract that creates an obligation for its investors to purchase a particular bond issue at a specified yield at some date in the future. The money from investors is held in escrow and is used to purchase interest… …
