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central bank
(Encyclopedia) central bank, financial institution designed to regulate and control the money supply of a nation, with the goal of fostering economic growth without inflation. Although central…Jenkinson, Robert Banks
(Encyclopedia) Jenkinson, Robert Banks: see Liverpool, Robert Banks Jenkinson, 2d earl of.Bank for International Settlements
(Encyclopedia) Bank for International Settlements (BIS), international financial institution est. (1930) in Basel, Switzerland, by bankers and diplomats from Europe, the United States, and Japan. It…discount
(Encyclopedia) discount, in banking and investment, fee for lending money, which the banker deducts from the loan when it is given. Thus, with a $1,000 loan at a 6% discount, the borrower receives $…banking
(Encyclopedia) banking, primarily the business of dealing in money and instruments of credit. Banks were traditionally differentiated from other financial institutions by their principal functions of…clearing
(Encyclopedia) clearing, in banking, the periodic settling of bankers' claims against each other, for which local banks establish clearinghouse associations. Clearinghouses are said to have existed…Independent Treasury System
(Encyclopedia) Independent Treasury System, in U.S. history, system for the retaining of government funds in the Treasury and its subtreasuries independently of the national banking and financial…savings bank
(Encyclopedia) savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest…galley
(Encyclopedia) galley, long, narrow vessel widely used in ancient and medieval times, propelled principally by oars but also fitted with sails. The earliest type was sometimes 150 ft (46 m) long with…bank holidays
(Encyclopedia) bank holidays, days when the law requires that banks be closed. In the United States the list varies from state to state but generally includes, besides the major holidays, many days…Trending
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