Banking & Money
Ans : A bond issued in a Eurocurrency, which is now one of the largest markets for raising money (it is much larger than the UK stock exchange).
2. What do mean by Eurocurrency?
Ans : Currency held in a European country other than its country of origin.
3. What dose it refers to Euro market?
Ans : A market that emerged in the 1950s for financing international trade.
4. What dose it refers to Euro note?
Ans : A from of Euro-commercial paper consisting of short-term negotiable bearer notes.
5. What do mean by bank door?
Ans : One of the method by which the central bank injects cash into the money market.
6. Whot do mean by bank deposit?
Ans : A sum of money placed by a customer with a bank.
7. What dose it refers to bankers acceptance?
Ans : A time draft that promises to pay a certain sum and has been accepted by a bank.
8. What dose it refers to bank certificate?
Ans : A certificate, signed by a bank manager, stating the balance held to a company’s credit on a specified date.
9. What dose it refers to bank lone?
Ans : A specified sum of money lent by a bank to a customer, usually for a specified time, at a specified interest rate.
10. What do mean by bank mandate?
Ans : A document given by the customer of a bank to the bank, requesting that the bank should open an account in the customers name and others order for payment drawn on the account.
11. What do mean by bank note?
Ans : An item of paper currency issued by a central bank.
12. What is bank rate?
Ans : The rate at which the central bank, is prepared to lend to the other
banks in the banking system.
13. What dose it refers to bank reconciliation statement?
Ans : A statement that reconciles the bank balance in the books of an
Organization with the bank statement.
14. What dose it refers to bankruptcy?
Ans :The state of individuals who are unable to pay their debts and
against whom a bankruptcy order has been made by a court.
15. What do mean by bank statement?
Ans : A regular record issued by a bank, showing the credit and debit
entries in a customers cheque account.
16. What do mean by basket of currencies? .
Ans : A group of currencies used top establish a value for some other unit
of currency.
17. What dose it refers to bear?
Ans : A dealer on stock exchange, currency market or commodity market,
who expects prices to fall.
18. What do mean by bear raid?
Ans : A concerted attempt to force prices down by one or more bears is
called a beer raid.
19. What dose it refers to benchmarking?
Ans : The process of identifying the best practice in relation to products and processes, both within an industry and outside it.
20. What do mean by bill of exchange?
Ans : An unconditional order in writing, address by one person to another.
21. What do mean by Blank Cheque?
Ans: A cheque in which the amount payable is not stated.
22. What dose it refers to bond?
Ans : Bond refers to a certificate issued by a government or a company
acknowledging that money has been lent to it and will be paid back with
interest.
23. What does it refers to bonus?
Ans : An extra payment made to employees by the management, usually
as a reward for good work or to compensate for something.
24. What do mean by boom?
Ans : The part of the business cycle that follows a recovery, in which the
economy is working at full capacity.
25. What do mean by broker?
Ans : An agent who brings two parties together, enabling them to enter
into a contract to which the broker is not a principal.
26. What dose is refers to call money?
Ans : Put into the money market that can be called at short notice.
27. What dose it refers to capital risk?
Ans : The risk, in lending operation, that the capital amount of the
investment may be less than its per value even maturity.
28. What dose refers to cash?
Ans : Legal tender in the from of banknotes and coins that are readily
acceptable for the settlement of debts.
29. What dose it refers to certificate of origin?
Ans : A document that states the country from which a particular parcel of goods originated.
30. What do mean by clearing house?
Ans : A centralized and computerized for settling indebtedness
between members.
31. What do mean by close price?
Ans : The price in the selling process in which the salesperson asks the
customer for an order.
32. What is collateral?
Ans : A from of security such as life assurance polices or shares used
secure a bank loan.
33. What do mean by commercial bank?
Ans : A privately owned bank that provides a wide range of financial services both to the general public and to firms.
34. What dose it refers to petrodollars?
Ans : Reserves of US dollars deposited with banks as a result of the steep rises in the price of oil in the 1970s.
35. What do mean by universal banking?
Ans : Banking that involves not only services related to loans and savings but also those involved in making investments in companies.
36. What dose bank acceptance mean?
Ans : Bank acceptance is a drawn on and accepted by a bank, making it negotiable instrument.
37. What dose lending limit mean?
Ans : The maximum amount that can be loaned to a single borrower is known as lending limit.
38. What is bank wire?
Ans : Bank wire is an electronic communication network owned by an
association of banks and used to transfer massages between
subscribing banks.
39. What is bad debt?
Ans : Bad debts means the loans that are due but are uncontrollable.
40. What dose the balance sheet mean?
Ans : Balloon loan is a loan that requires small payments that are insufficient to pay off the entire loan so that a large final payments is necessary at termination.
41. What is a holding company?
Ans : Bank holding company is a firm that owns or controls at least one commercial bank.
42. What is Banker’s Bank?
Ans : Banker’s Bank is a firm that provides correspondent banking services to commercial banks and not to commercial or retail deposit and lone customers.
43. What is bankrupt?
Ans : The situation in which a borrower is unable to pay obliged debts.
44. What is bid price?
Ans : The price at which someone has offered to buy an asset is called
bid price.
45. What is BIF?
Ans :BIF stands for Bank Insurance Fund which insures deposits at commercial banks.
46. What is book value?
Ans :Book value typically measured as historical cost minus depreciation.
47. What is call loan?
Ans : Call loan is a lone that is capable on 24 hours notice.
48. What is cash market?
Ans :The spot market for the immediate exchange of the immediate exchange of goods and services for immediate payments is called call market.
49. What is consumer bank?
Ans : A bank that dose not make commercial loan is called consumer bank.
50. What is core deposits?
Ans : Core deposits is the base level of deposit that a bank expects to remain on deposit, regardless to the economic environment.
51. What is a camal rating?
Ans : Camal ratings is an uniform inter agency bank rating system.
52. What is capital market?
Ans : Capital market is the market for long term debts or equity.
53. What is charter?
Ans : The charter is a document that authorizes a bank to conduct dusiness.
54. What is dividend policy?
Ans : Dividend policy is the determination of the level of earnings to be paid out as common stock holder dividends.
55. What is EFTS?
Ans : EFTS is the acronym for electronic funds transfer system.
