SURPLUS RESERVE
The amount that is appropriated out of surplus earned for future or unforeseen expenditure.
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The amount that is appropriated out of surplus earned for future or unforeseen expenditure.
Arrangement in banking where a cheering account balance below or above a set amount is transferred automatically from and to interest bearing accounts.
Analysis of a situation where Strengths and Weaknesses of organizations, Opportunities and Threats are examined to develop a strategy. See PEST analysis.
Cost incurred in promoting a syndications interests. May be an intangible asset in financial statements.
System wide effect of a group or system as a whole instead of individual member parts.
A non-verbal form of communication.
Benefits that are quantifiable, especially with regard to money.
The identified group of people who will be the recipients of an advertising campaign. See target population.
The rate is established by the banking institution’s Asset Liability Committee that is used to set the attractive reprising for maturing deposits or loans.
The lawful tax liability minimization that occurs from a sound financial plan. Tax avoidance is legal but tax evasion is not.
Technology enabling computers to recognize spoken words. The sound is digitized and then matched to a pattern stored on the database.
General term referring to coverage that is divided into separate amounts depending on the loss type.
Measuring the sensitivity of a bond price based on basis point changes of more than 100.
Payments that are made in installments bot not necessarily in a regular or an equal amount.
The level of even handedness used in dispensing justice where claims are recognized in order of legal and contractual priority.
The most important product forming the major part of an economy’s output or the GDP of a country.
A decision that is implemented and whose outcome is controlled b y the person making the decision.
Minimum length of time needed under law for a specified notice.
One that moves up and down in a fixed or standard progression.
Web site that is well organized , content rich where visitors will return again and again.
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