LENDER OF LAST RESORT
An institution or an entity that has the authority and financial resources to offer loans to banks or other qualified institutions, which undergo financial difficulty, or are regarded highly risky or almost in collapse. A lender is usually a country’s central bank. In the US, for instance, the Federal Reserve serves as the lender of last resort to institutions who do not have any other means of borrowing and failure to attain credit would affect the economy. But when a country’s central bank itself goes through financial difficulties, the International Monetary Fund may act as the lender of last resort.
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Specific-Shares Method
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Voting Trust Certificate
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Sample Selection Bias
Sample Selection Bias is a type of bias resulting from the selection of non-random data meant for statistical analysis.
Combined Loan to Value Ratio - CLTV Ratio
Ratio determining the default risk of a potential homebuyer if he would purchase a home using multiple mortgages. In general, creditors are willing ...
Contagion
Possibility a significant economic changes in a country will spread to other nations. It pertains to the spread of either an economic boom or econo ...
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SEE FOREX TUTORIAL
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Digesting Financial Statements: Long-Lasting Liabilities
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| 14:30 | Consumer Price Index Core | Feb |
