Top Banking and Finance Definitions

 

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Latest updated Banking definitions

Bankruptcy Definition

When a business is unable to repay its outstanding debts to the creditors then the business may decide a fair settlement for the creditors and that process is called bankruptcy. [...]

Volatility Definition

The gain or loss recognised by the business from fluctuations in the value of securities held. Please browse the site for more words and abbreviations that you need to know. [...]

Cash Flow Definition

A cash flow occurs when there is a change in the cash account of a business. There can be inflows and outflows of cash as a result of services, purchases, [...]

Account Renewal Definition

Includes all the steps involved in renewing an account for an existing client We have thousands of other terms listed on InvestorWords.co.uk and are rapidly becoming the authoritative source on [...]

Product / Service Management Definition

Product management is an organizational function within a company dealing with the planning or marketing of a product or products at all stages of the product lifecycle. Service Management is [...]

Turnover Definition

Turnover is often referred to an inventory or account receivable. Turnover is also a measured of number of share traded for a specific period in a portfolio. In case of [...]

Partner Relationship Management Definition

Managing relationships with internal business partners. Today I spent 3 hours in meetings, then came out and wrote this. Phew. Time for lunch. Comments? Please leave your comments on Partner [...]

Monopoly Definition

Monopoly is a condition that occurs when there is a one business controlling certain service or certain type of product. A Monopoly is the extreme case in capitalism and suggests [...]

Strategy development Definition

Strategy development involves studying the alliance’s feasibility, objectives and rationale, focusing on the major issues and challenges and development of resource strategies for production, technology, and people. It requires aligning [...]

Globalization Definition

The tendency of businesses to invest beyond their domestic and national market is globalization. As communications became easy due to growth in information technology pro and anti-globalization groups have developed. [...]

Needs Assessment Definition

A method of assessing/predicting the financial needs of a client, in particular as they relate to the products and services provided by the bank. More the meaning of banking terms [...]

Debt Definition

Debit is an amount owed by a business to a third party. Put simply it is a loan or a bond which the business has to pay to its creditors [...]

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