Definition Definition

> Business Glossaries > Banking & Finance

Money center banks

Money center banks is the large banks in key financial centers (New York, Chicago, San Francisco).

Category: Banking & Finance
Share it: CITE

Related Definitions

  • Earnest Money
    Earnest Money is the deposit that a buyer pays to...
  • Savings banks
    Depositor-owned, bank like institutions chartered by individual states and almost...
  • Premium or push money
    Additional compensation provided to salespeople to encourage them to sell...
  • Money purchase plan
    Money purchase plan is a defined-contribution retirement plan in which...
  • Reinvoicing center
    Reinvoicing center— facility that centralizes payments and charges subsidiaries fees...

Recent Definitions

Voluntary Exchange Voluntary exchange is willingly trading goods, services, or resources between...
Sublease A sublease is a contract for residential or commercial space...
Silver Certificate Value A silver certificate is paper money that may be traded...
Signature Loan Signature Loan is the borrowed amount with a set rate...
Blanket Mortgage Blanket Mortgage combines the financing of two or many real...
Straw Buyer Straw Buyer is somebody who purchases anything on someone else's...
Categories