National no reciprocity
National no reciprocity means a state law that allows banks or bank holding companies from any other state in the nation to enter a particular state without the state entered requiring other states to extend the same entry privileges to its banks.
Category: Banking & Finance
Share it: Cite
Previous: ← Mortgage-banking companies
Next: National reciprocity →
More from this Section
- Currency futures contract
Currency futures contract is the agreement between a buyer and a seller of foreign currencies ...
- Underwriting cycle
Underwriting cycle is a term to describe the cyclical pattern in underwriting standards, ...
- Capital Structure
Capital Structure is the composition of a firm’s long-term financing consisting of equity, ...
- Book to market
Book to market is the ratio of book value to market value of equity. A high ratio means ...
- Dwelling Property
Dwelling Property is a property insurance policy that insures the dwelling, other structures, ...