Banking

3-6-3 Rule
Accelerated Payments
Accommodation Endorsement Accommodation Paper
Accord and Satisfaction
Account Aggregation

Account Analysis
Account Freeze Account hold
Accounts Receivable Conversion – ARC
Accounts Receivable Financing
Account Uncollectible

Acquirer
Acquisition Loan

Add-On Interest
Adjusted Balance Method

Advance Rate

Adversely Classified Assets

Affinity Cards Co-branded Credit Cards
Affirmative Covenants Negative Covenants
African Development Bank
Agent Bank

Agreement Corporation
Agricultural Credit

Algorithmic Trading
All Savers Certificate
Alternative Mortgage Instruments
American Institute of
American Banker's Association Banking
American National Standards Institute
(ANSI) ASC X9

Amount Financed Truth in Lending Loans Act

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Anticipation Notes

Article 9
Similar to European
Currency Unit which was a
Asian Currency Unit precursor to Euro
Works in harmony with the
Asian Development Bank World bank and IMF
Asset Backed Credit Default Swaps
(ABCDS)

Asset Quality Rating

Asset Backed Commercial Paper (ABCP)

Asset backed Commercial Paper Money
Market Fund Liquidity Facility (AMLF)

Asset Conversion Loan

Asset Liability Committee (ALCO)

Assignment of Proceeds

Associate Bank

At Sight
Australian Bankers Association

Authorized Investment

Automated Underwriting
Automatic Savings Plan
Available Balance Float Time
Available Credit
Available Funds

Aval
Average Daily Balance Average Collected Balance

Average Daily Balance Method Accounting Method

Average Daily Float
Average Outstanding Balance

Back to Back Letter of Credits

Bad Check

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Bad Debt Recovery

Bad Debt Reserve Loss Reserve

Balloon Payments
Bancassurance

Bank Administration Institute

Bank Bill Swap Bill Rate

Bank Card Association VISA and MasterCard

Bank Card Debit or ATM Card
Bank Draft
Bank Endorsement

Bank for International Settlements

Bank Giro Transfer

Issuer Identification
Bank Identification Number Number

Bank Insurance

Bank marketing Association

Bank Panic 1907

Bank Rate

Bank Rate Monitor Index

Bank Runs
Currency and Foreign
Bank Secrecy Act - BSA Transactions Reporting Act

Bank Wire

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Fixed and Variable account expenses

Periodic Statement provide by the bank to the firm

Scan the Cheque and make the payment electronically

Finance the assets by taking loan with AR as collateral
Doubtful -> Uncollectible -> Bad Debt -> Write Off

Bidder in an M&A transaction

A Bank in case of a credit or debit card purchase. Here the Acquirer
needs to be licensed with VISA or Mastercard
Tata Loan for JLR acquisition
Total Amount to be paid for the loan = Principal + Interest is
calculated and the installment is then given by dividing the total
amount by the number of installments.
This has a negative impact on the borrower as even when the
installment paid includes part of the principal, he has to pay interest
on the total principal.

If a lender's advance rate is 85%, and a company has an

asset of $1,000,000 that it could use as security on a
loan, the lender would issue a loan of up to only
$850,000.
Three Categories:
1. Substandard – Very Risky but can be improved
2. Doubtful – Highly improbable
3. Loss – No Chance of recollection
Win-win-win for the Bank, Charitable Organizations and Customer
A promise to do something

Bank that acts on behalf of another bank.

Bank Charted by the Federal Bank to engage in International Banking
Activities

Purchase shares in lots based on the algorithm so that the share

price is not affected by the purchase and the buying price is optimal

Create Standards related to BFSI technology (eg: ATM Cards, Cheque

Books, Accounting Standards, etc)
Comparison in the costs for a loan across banks, Transparency in loan
processing

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Used by Municipality to bridge the mismatch between the future
revenues and current borrowing needs
Article under the Uniform Commercial Code (UCC) to prescribe the
ownership of the loan, debtor's liability and use of collateral

Basket of Asian Currency

Assessing the risk associated with a particular asset. 1 – Little Risk, 5

– Major Risks with the asset quality
Financial Instrument used for Short Term liquidity needs by using the
receivables as the underlying asset
Instrument created for the US banks to raise money from the Mutual
Funds to meet the maturity obligations
A short-term loan that is typically repaid by converting an
asset, usually inventory or receivables, into cash
A committee that monitors the risk management practices in the
bank or credit institution.
Transfer of part or all of the proceeds by the beneficiary of a letter of
credit to a third party
bank affiliated through membership with another bank or a clearing
house, electronic payment network, etc
An at sight payment will require the party receiving the
good or service to pay a certain sum immediately upon
being presented with the bill of exchange.

A list of investments that a trust or an institution can make based on

the risk profile and returns expected
Automated underwriting engines can provide near-
instantaneous loan approval or denial decisions based on
algorithms and predefined logic

Difference between the sanctioned credit and the used credit

Available Balance + Unused lines of Credit for Funds
A Guarantee by a third party (bank) against a loan/liability of the
borrower

A finance/accounting method where costs (and interest)

are based on the amount(s) owing at the end of each day
Average Amount outstanding due to cheques deposited
The average balance on a loan portfolio or a credit card account

With the original LC from the buyer's bank in place, the seller goes to his own bank and has
Consumers can also create a backstop account that is automatically debited if the primary c

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A debt from a loan, credit line or accounts receivable that is recovered either in whole or in p
An account set aside by the company to account for or offset the loss
occuring from the default of a future loan.
Substantial payments at the end of the loan period to be made if the
oan amount is not ammortized during the period of the loan
Insurance sold by the bank's existing distribution network
Non Profit Organization responsible for creating standards in bank
operations and risk management
Benchmark Interest Rate set by the Reuters on which the Interest
Rate Swaps are decided and contracts formed
Organization Owned by Financial institutions that license bank credit
card programs. They also help in operations activities of the card

A type of check where the payment is guaranteed to be available by issuing bank

An endorsement by a bank for a negotiable instrument, such as a banker's acceptance or tim
Central Bank for Central Bank with Bank of Canada, European Central
Bank and Federal Reserve Bank as members
Direct Transfer from one account to another without the use of
checks. Primarily used in European countries for overseas payments
The prefix (4-6 digits) of the credit card number signifying the
issuer/bank of the card
Guarantee on the amount in the bank if the bank goes
bankrupt/insolvent
Association and a lobbying body that promotes the marketing and
publishing activities in the bank
Panic set among public leading to bank runs due to the conflict
between the banking institutions and public trusts resulting in the
setting up of the Federal Reserve
The rate at which central bank lends funds to the national banks
Index to measure the money market interest rates on deposits at 100
US banks. Compiled on a weekly basis
A situation in which numerous bank customers try to withdraw their bank deposits simultane

requiring banks and other financial institution to provide documentation (such as currency tr
Electronic Message System that allows the banks to communicate
various actions of the clients

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his own bank and has a second LC issued, with the subcontractor as beneficiary
ebited if the primary checking account is too low to pay a specific check.

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d either in whole or in part after it has been written off or classified as a bad debt

ssuing bank
ker's acceptance or time draft, that assures the counterparty that the bank will stand behind the oblig

ank deposits simultaneously and the bank's reserves are not sufficient to cover the withdrawals

on (such as currency transaction reports) whenever clients deal with transactions that involve substan

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k will stand behind the obligations of the creator of the instrument.

over the withdrawals

actions that involve substantial sums of money ($10,000 or more)

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 MidCaps
Market Down 333 points (2.3%)
IVRCL Infra Next Support is at 310, current price 260 Decent Bet
If current level of 19 is breached the next
Ruchi infra support is at 28 Good Bet
140 is the next support level, current price
SREI Infra is 68. Good Bet
Ansal Properties and Infra not a purely infra company
KEC Infra Could not Find
GVK Power and Infra
Reliance industries and Infra
GTL Infra 4% down
Lanco Infratech Next Support at 380, downside is large Risky Bet
Maytas Infra
Shristi Infra Developers
IRB Infrastructure and Developers Next Support at 165 Decent Bet
Gammon infra Upper Circuit
Era infra Gaining during slumping market
Housing Development and Infrastructure
PBA Infrastructure
Unity Infraprojects
Gremach Infrastructure and Equipments
4% down
J Kumar Infrastructure Sober bet
OM Metals infraprojects
BSEL Infra
Horizon Infra

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