These big banks are very diversified groups that, among other services, also distribute insurance – hence the term bancassurance, a portmanteau word combining banque or bank and assurance, signifying that both banking and insurance are provided by the same corporate entity.
The bank of america banking glossary helps you find the definitions to common banking terms find the answers you want in the glossary of banking terms. Definitions of key terms and phrases used in commercial, retail and investment banking and bank regulation. A celebration of the 100 most influential advisors and their contributions to critical conversations on finance.
National banks conduct some of their banking activities through companies called operating subsidiaries these subsidiaries are companies that are owned or controlled by a national bank and that, among other things, offer banking products and services such as loans, mortgages, and leases. An index-linked cd is a deposit obligation of the issuing bank and is often sold through bank branches and affiliated and unaffiliated brokers index-linked cds provide the investor the ability to participate in the appreciation, if any, of a particular index, during the term of the cd.
Understanding basic banking and finance — and the terms people use to talk about them — can make a big difference in your bank balance here are 10 banking terms you should know to manage your money better 1 routing number a nine-digit number that identifies your financial institution.
With external transfer service and bill pay terms and conditions below are the terms for first bank's ebanking service we recommend that you print or otherwise save these terms and conditions for your records.
Banking terms and what they mean every industry has its own special language and jargon banking and finance are no exceptions here are some good terms to know about managing money.
Definitions of banking terms acquisition the process of buying or acquiring some asset or an entire company activity this consists of the primary banking activity of an institution for example, the primary activity of state member banks, non-member banks, and national banks (which are all commercial banks) is commercial banking. Investorwords - the most comprehensive investing glossary on the web over 18000 financial and investing definitions, with links between related terms.