SUPER REGIONAL BANK
Medium-sized bank holding firm with significant presence in a geographical region throughout several US states. Although it is smaller than huge or global banks, it is larger than regional banks. These banks, operating in at least two states, offer the complete range of banking services including deposits, loans, investment banking, fund management, and securities brokerage.
POPULAR TERMS
Tax-Exempt Sector
Market niche comprised of investment instruments exempt from federal taxes. Almost all investments in this group are municipal bonds, which is tax- ...
Barratry
An unlawful act wherein an attorney encourages the filing of a lawsuit or otherwise instigate a dispute, in order to earn a profit from legal fees. ...
Reverse Repurchase Agreement
It is the purchase of a security with the agreement to sell it at a higher price at a certain future date.
Expense Ratio
Gauge determining the costs an investment firm to operate a mutual fund. Computed annually, it is determined by dividing the operating expenses by ...
Eurocurrency
Currency deposited by corporations or national governments in banks outside their country of origin. Also called euromoney.
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