Terms with Tag Banking
- Intangible Property — Definition,
- Property that does not have value itself, but represents something else. Stocks, bonds and franchises are examples of intangible property. Business furniture and equipment are examples of tangible personal property.
- Integris Credit Union — Company, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Inter-American Development Bank (IDB) — Company,
- Inter-Bank Offered Rate (IBOR) — Acronym,
- Interac — Definition,
- Canada's largest shared network of ATMs. It allows cardholders to access their accounts from any ATM on the network regardless of which financial institution owns the machine.
- Interac Direct Payment (IDP) — Acronym,
- A method of paying for goods and services electronically with the funds taken immediately and directly from your bank account and transferred directly into the merchant's account. You use your banking card to do this.
- Interbank Funds Transfer System (IFTS) — Acronym,
- Interest (IN, int) — Acronym & Abbreviation,
- Money paid for the use of borrowed funds, usually expressed as an annual percentage.
➥ Bank account transaction code. - Interest Adjustment Date — Definition,
- The date one month prior to the beginning of amortization when accrued interest computed on the monies advanced becomes due.
- Interest Factor — Definition,
- The decimal equivalent for an interest rate on a unit amount for a period of time. Computed by interest rate divided by number of days in a basic year times the number of days accrued.
- Interest Only Payments — Definition,
- A payment plan where only the interest is paid off.
- Interest Rate Swap (IRS) — Acronym,
- Interest Sensitive Liabilities (ISL) — Acronym,
- Short term deposit held by a bank that pays its customer a return using a variable interest rate.
- Interest-Crediting Methods — Definition,
- A number of methods used to establish how interest is accrued, owed and dispersed to the parties due.
- Interim Financing — Definition,
- The availability of funds on a daily basis to assist a developer with financing for a construction project between advances made by the lender of the construction loan.
- Interior Savings Credit Union (ISCU) — Company Est. 1939, British Columbia, Canada, ➥ Merged and acquired accounts from Okanagan Savings Credit Union in 1999 and Thompson Valley Savings Credit Union in 2002. A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- International Association of Internet Banking and Commerce (IAIBC) — Company,
- International Automated Clearing House (IACH) — Acronym,
- International network for electronic funds transfer (EFT).
- International Bank (IB) — Acronym, Important,
- International Bank Account Number (IBAN) — Acronym,
- A means of identifying bank accounts across international borders.
- International Bank for Economic Cooperation (IBEC) — Acronym,
- International Bank for Reconstruction and Development (IBRD) — Company,
- International Bank of Business and Credit (IBBC) — Acronym,
- International Bank of Commerce (IBC) — Company, United States,
- International Bank Wire Transfer (IBWT) — Acronym,
- International Banking — Definition,
- The operation of bank branches and subsidiaries located outside Canada. This area of banking also includes the supervision of correspondent banking relationships, foreign exchange trading, and trade finance.
- International Banking Advisor (IBA) — Acronym,
- International Banking and Finance (IBAF) — Acronym,
- Academic course focusing on export and import transactions, international financial institutions, foreign exchange risk management and international financial securities/instruments.
- International Banking Center (IBC) — Acronym, United States, ➥ Created for internationally mobile and expatriate HSBC customers.
- International Banking Division (IBD) — Acronym,
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