NONCREDIT SERVICES
Fee-based services that do not involve the extension of credit that a lending institution offers to correspondent banks or corporate customers. Non-interest income generated from noncredit services can be a significant source of revenue for banks and financial institutions. Examples of noncredit services include trust and investment-related revenues, global cash management, foreign currency exchange, etc.
POPULAR TERMS
Profit Margin
A ratio of profitability calculated as net income divided by revenues, or net profits divided by sales. It measures how much out of every dollar of ...
Conglomerate
Corporation comprised of several unrelated businesses. In this structure, one firm owns a controlling stake in numerous smaller ones that conduct b ...
Schedule I Bank
Schedule I Bank is a financial institution that is Canadian that is governed under the jurisdiction of the Federal Bank Act. A Schedule I bank is n ...
Self-Amortizing Loan
Self-Amortizing Loan is a kind of loan. A self-amortizing Loan is composed of periodic payments that has that includes both the principal and the i ...
Escrow Receipt
Certificate issued by bank, guaranteeing the securities underlying an option contract are on deposit and ready for delivery should the option be ex ...
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For studying socially responsible investments, the key word is ethics, of course.
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Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
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A Guide to Becoming a Finance Expert
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | KOF Economic Barometer | Mar | |
| 09:00 | CPI | Mar | |
| 10:30 | Net Lending to Individuals | Feb | |
| 10:30 | M4 Money Supply | Feb | |
| 10:30 | Mortgage Approvals | Feb | |
| 11:00 | Consumer Confidence | Mar | |
| 14:00 | CPI | Mar | |
| 14:00 | Harmonized CPI | Mar | |
| 16:00 | Pending Home Sales | Feb |
