Bundle > Economics of banking full summary: Book, Lectures, Tutorials Questions and Answers 2023

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Economics of banking full summary: Book, Lectures, Tutorials Questions and Answers 2023

check routing number - -A group of numbers listed at the bottom of a check ; the first group is your routing number (bank ID number), the second is your account number and the third is your check numb... er -ATM card - -A payment type similar to a debit card that allows you to make electronic purchases but requires that you enter a PIN (Personal Identification Number) for any transaction. -automatic bill payment service - -Represent money that you have authorized your bank or other organization to move from one account to another at regular intervals. -bank - -A legal process to get out of debt when you can no longer make all your required payments -bank statement - -A report of deposits, withdrawals, and bank balances sent to a depositor by a bank [Show More]

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials 2023 (All)

Economics of banking full summary: Book, Lectures, Tutorials 2023

balance sheet - -list of the bank's assets and liabilities at a given point in time -assets - -what others owe to you -liabilities - -what you owe to others -asset transformation - -when bank...

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials Questions and Answers (All)

Economics of banking full summary: Book, Lectures, Tutorials Questions and Answers

Risk-Weighted assets - -Translates assets into risk-assessed assets -Which business within banks is more cyclical? - -Investment banking, because there are deals going on; when the economy is boomi...

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials [Level] Questions and Answers 2023 (All)

Economics of banking full summary: Book, Lectures, Tutorials [Level] Questions and Answers 2023

appreciation - -an increase in the value of a currency as measured by the amount of foreign currency it can buy -automated clearing house - -an electronic payment network available to businesses, i...

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials [Distinction Level] Questions and Answers 2023 (All)

Economics of banking full summary: Book, Lectures, Tutorials [Distinction Level] Questions and Answers 2023

collateral - -property used to guarantee that a loan will be repaid -savings and loan associations - -banks originally established to help people buy homes -credit unions - -banks that are owned...

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials Questions and Answers 2023 (All)

Economics of banking full summary: Book, Lectures, Tutorials Questions and Answers 2023

check routing number - -A group of numbers listed at the bottom of a check ; the first group is your routing number (bank ID number), the second is your account number and the third is your check numb...

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EXAM

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials [211581] 2023 (All)

Economics of banking full summary: Book, Lectures, Tutorials [211581] 2023

Commodity money - -Money whose value comes from s commodity of which is made -Fist money - -Currency that a government has declared to be legal tender, but is not backed by a physical commodity....

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials 2023 (All)

Economics of banking full summary: Book, Lectures, Tutorials 2023

Economics of banking full summary: Book, Lectures, Tutorials [Distinction Level]2023 Commodity money - -Money whose value comes from s commodity of which is made -Fist money - -Currency that a g...

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EXAM

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials Questions and Answer 2023 (All)

Economics of banking full summary: Book, Lectures, Tutorials Questions and Answer 2023

Balance Sheet - -is a statement that shows an individual's or a firm's financial position on a particular day. -Asset - -is something of value that an individual or a firm owns; in particular, a fi...

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EXAM

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials 2023 (All)

Economics of banking full summary: Book, Lectures, Tutorials 2023

Balance Sheet - -is a statement that shows an individual's or a firm's financial position on a particular day. -Asset - -is something of value that an individual or a firm owns; in particular, a fi...

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EXAM

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 Economics> EXAM > Economics of banking full summary: Book, Lectures, Tutorials 2023 (All)

Economics of banking full summary: Book, Lectures, Tutorials 2023

Alan Greenspan - -chairman of the Federal Reserve board on 1987 to 2006. Major Accomplishment was controlling inflation while supporting unprecedented economic growth. Served under the presidents Rona...

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EXAM

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