Nnbanking terminology and definitions pdf

An indexlinked cd is a deposit obligation of the issuing bank and is often sold through bank branches and affiliated and unaffiliated brokers. Financial literacy programme a nalaebs partnership. A definition is a statement of the meaning of a term definitions can be classified into two large. Banking definition is the business of a bank or a banker. Slang term describing the leader, manager, chief or person in charge of an organization or a project. Terminology definition of terminology by merriamwebster. The committee on payment and settlement systems cpss is publishing this comprehensive glossary of payment system terminology as a reference document for the standard terms used in connection with payment and settlement systems. Procurement and supply terminology for suppliers and procurement professionals. For example, to explain a boxplot, one must already know the meaning of a mean, median, a quartile, and an outlier. Indexlinked cds provide the investor the ability to participate in the appreciation, if any, of a particular index, during the term of the cd. The ceo of a company could be referred to as the honcho or head honcho. The meaning of the mean, and other statistical terms commonly used in medical research.

The revised definition covers a much wider variety of payment obligations, whether or not earned by performance, including license fees payable for the use of software, credit card receivables, and healthcare insurance receivables. Complete list of banking terms with definitions for bank exams. Banking terms list of important banking terminology pdf. Also known as supplementary capital, it consists of certain reserves and certain types of subordinated debt. A glossary of terms used in payments and settlement systems. Tier ii items qualify as regulatory capital to the extent that they can be used to absorb losses arising from a banks activities. Very useful for engineers preparing for bank exams. The english vocabulary profile shows the most common words and phrases that learners of english need to know in.

Today i am providing basic financial and banking terms. Banking terms and concepts are many and can sometimes be difficult to figure out, even for the industry professionals. For new users and people who are not familiar with the banking, terminologies have a look at this page here. A contract made following a formal tendering process with one or more contractors, suppliers or service providers for a defined range of works, goods or services. Glossary of statistical terms vanderbilt biostatistics wiki. We have included the definitions of terms that are frequently used in the federal bank. Financial terms and definitions the economic times. The ebs building society partnered with the national adult literacy agency nala to develop a programme, which would help to target the growing issue of family and financial literacy. Banks may also provide financial services, such as wealth management, currency. Terminology definition is the technical or special terms used in a business, art, science, or special subject. Go through the glossary of financial terms and know the meaning of all financial terms through their definitions here at the economic times.

However, since banking is a significant part of our business and personal life, it is useful for consumers to learn some common banking terms. Here we are providing you, 66 important banking terms useful for upcoming bank exam interview in an easy way. Your pocket guide to understanding financial terms. In a series of providing free study material for sbi po exam. This is a loose term implying any fatal gas in a mine after an explosion or fire. Terminology is a general word for the group of specialized words or meanings relating to a particular field, and also the study of such terms and their use, this. A bank is a financial institution licensed to receive deposits and make loans.