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Bank note |
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Bank noteA term used synonymously with paper money or currency issued by a bank. Notes are, in effect a promise to pay the bearer on demand the amount stated on the face of the note. Today, only the Federal Reserve Banks are authorized to issue bank notes, i.e. Federal Reserve notes, in the United States.Bank note Similar MatchesIssuing bankIssuing bankBank that issues a letter of credit. Implicit Bankruptcy CostsImplicit Bankruptcy CostsOpportunity costs incurred prior to the bankruptcy process such as the loss of sales or financing. Prepackaged bankruptcyPrepackaged bankruptcyA bankruptcy in which a debtor and its creditors pre-negotiate a plan of reorganization and then file it along with the bankruptcy petition. Central bankCentral bankThe institution in a country (or a currency area) that is normally (but see currency board) responsible for managing to supply of the country's money and the value of its currency on the foreign exchange market. Banker's draftBanker's draftIn situations where a person owes money to a creditor, and the creditor is not prepared to accept a personal cheque because he thinks it might bounce, a banker's draft can provide a solution. It is simply a cheque made out to the creditor by the debtor's bank, and in the eyes of the creditor is much more secure. Further SuggestionsVoluntary bankruptcyBank holding company Regional bank Foreign banking market Clearing House Interbank Payments System (CHIPS) Bank regulation Federal Home Loan Banks Bank for International Settlements State bank consortium bank Bank Insurance Fund (BIF) National bank Interbank market International Bank for Reconstruction and Development (IBRD) Bank run (bank panic) banker's acceptance London Interbank Offered Rate (LIBOR) Mutual savings bank Correspondent bank London Interbank Bid Rate (LIBID) Federal Farm Credit Bank Riegle Neal Interstate Banking and Branching Efficiency Act of 1994 Agency bank mutual savings bank member bank |
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