CALL DEPOSIT ACCOUNT
A bank account for investment funds that gives its clients the benefits of both a checking and a savings account. This kind of account is similar to a checking account, which has no steady time for deposit, gives fast access to funds and grants unlimited deposits and withdrawals. A call deposit account is the same to a savings account that pays interest. The percentage of interest that this account pays is depending on the amount of funds in the account, a method that is usually pertains as banded interest rates. In addition, various currencies can earn various interest rates. For the depositors, they need to reach a least balance before they can acquire any interest.
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Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
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| 14:30 | Raw Materials Price Index | Mar | |
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