Learn Some Bank And Finance Terms!

An identifiable part of a bank's property and wealth.

A numerical expression is used to predict credit problems.

An informal word for one dollar.

When an individual hands over a sum of money to his or her bank to be kept there.

One who receives an amount of money from a bank account.

An amount of cash taken by a customer from his or her bank account.

It’s a guarantee offered by a debtor to his or her creditor to settle a debt.

A deposit or remittance to the bank with a document called a ________.

An automatic transfer with which you pay a fixed amount to a payee at set times.

The amount that credit insurers agree to cover.

It provides information on the source of the resources, that is, the funds collected by the bank.

It is a cryptocurrency that can be sent from one person to another without any intermediaries.

It is a situation in which the person or a company is unable to pay its debts on time.

This is a procedure that all banks undergo in order to establish the correct identity of a customer.

A fund transfer technology is used by banks for the same bank or interbank fund transfer.

The ability to sell an asset in the market without affecting its price is called _________.

An individual or organization that owes money to the bank or any other financial institution.

The rate of interest for a loan remains constant throughout the entire tenure.

All sums were withdrawn from a bank account.

When the withdrawals exceed the amounts credited to an account and the balance is negative.