Vault cash
Vault cash is currency that is physically held by banks and stored in vaults overnight.
Category: Banking & Finance, Economics
More from this Section
- Operational Risk
Operational Risk includes all risks not included in market risks and credit risks, such ... - Interest Rate Cap
An interest rate cap is an option to fix a ceiling or maximum short-term interest-rate ... - Commercial Paper (CP)
Commercial Paper (CP) issue of short-term notes, without any underwriting, representing ... - Noting
Noting is a minute or memorandum made by a Notary Public on a Bill of Exchange which has ... - Current assumption whole life insurance
Current assumption whole life insurance is nonparticipating whole life policy in which ...