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10 cze 2024 · Being a bank customer and navigating everyday financial transactions can introduce you to basic banking terms and plenty of financial jargon. Do you know the difference between APR and APY?
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Definitions of key terms and phrases used in commercial, retail and investment banking and bank regulation
The Administrative Board of Review is composed of five individuals of high repute from Member States, with a proven record of professional supervisory experience and relevant knowledge in the fields of banking or other financial services (but not staff of a national competent authority, the ECB, or another EU institution).
Account Holder. Any and all persons designated and authorized to transact business on behalf of an account. Each account holder's signature needs to be on file with the bank. The signature authorizes that person to conduct business on behalf of the account.
In our banking glossary you’ll find definitions of banking terms you might encounter when managing your finances.
Understand the basic definitions for dozens of important banking terms, including collateral, TRID, and FFIEC. Download this comprehensive banker glossary PDF.
Do you find financial jargon a little confusing sometimes? This glossary of financial terms can help you understand the meanings of common banking terms.