LOMBARD RATE
The interest rate charged to banks by Deutsche Bundesbank, Germany’s central bank, for collateralized loan obligations that is used as upper limit daily money rates. It is mostly applied in international equities not so much US equities or equities from other countries. The term pertains to the initial medieval bankers from the Italian Lombard region who were originally Germans.
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Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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