Securities-Based Lending Definition

What Is Securities-Based Lending? The term securities-based lending (SBL) refers to the practice of making loans using securities as collateral. Securities-based lending provides ready access to capital that can be used for almost any purpose such as buying real estate, purchasing property like jewelry or a sports car, or investing in a business. The only restrictions to this kind of lending are …

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Top 10 bestselling stuff on the dark web, want a passport?

If for ordinary mortals the dark web represents a dark and evil place (which it can totally be in places) it is above all generally misunderstood and mysterious. However, this “internet in our internet” is used every day by thousands, even millions of people. Unsurprisingly, it is used, among other things, to sell more or less legal stuff (usually illegal, …

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Match-Rate Funds Definition

What Are Match-Rate Funds? Match rate funds are loan funds which have their interest rates matched (or extremely close) to the interest rate on the source of the funds loaned out. This term is especially used in the European banking system to describe the relationship between the deposits a bank is currently holding and its outstanding loans. Understanding Match-Rate Funds …

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Top 12 actors we see EVERYWHERE on Netflix, hello renewal

We do not say that on Netflix, all the series are exactly the same, that would not be very nice of us and not totally true (except for Elite and Young Royals. And Outlander and Poldark). On the other hand, it is always the same actors who play in all the films and series on the platform, and after a …

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BAX Contract

What is a BAX Contract? A BAX contract is a short-term investment instrument that tracks the nominal value of a Canadian bankers’ acceptance (BA). The specific BA behind the contract has a nominal value of C$1 million and a maturity of three months. They were first launched in 1988 by the Montreal Exchange and has since gained traction from futures traders. Today, investors …

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Combined Statement Definition

What is a Combined Statement? A combined statement includes information on a customer’s various retail banking accounts onto a single periodic statement. Banks and financial institutions offer combined statements for the convenience of the customer and cost efficiency of the bank. Businesses and individuals may request to receive combined statements. Key Takeaways The combined accounting statement includes all deposits, withdrawals …

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Top 15 objects that are not suitable for tall people

We’ve told you a thousand times about the daily struggles when you’re left-handed, but believe me, there are always much worse than us. The life of left-handers, next to that of tall people, is la vida loca. DisneyLand. Paradise on Earth. Do you imagine, you, evolving on a land where absolutely NOTHING is thought for you? Nothing at all ! …

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Wildcat Banking Definition

What Is Wildcat Banking? Wildcat banking refers to the banking industry in parts of the United States from 1837 to 1865, when banks were established in remote and inaccessible locations. During this period, banks were chartered by state law without any federal oversight. Less stringent regulations on the banking industry at the time led to this period, also being referred …

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