tailieunhanh - Banking Terms

Một số thuật ngữ ngành Ngân hàng | Banking Terms account -- Money deposited with a financial institution for investment and or safekeeping purposes. adjusted balance -- The balance that remains when all payments made during a billing cycle are subtracted from the balance from the previous billing cycle. This balance does not include finance charges for the current billing cycle. affinity card -- A credit card offered by a lending institution in partnership with another institution. These cards are also known as co-brand cards because both institutions lend their branding to the card. annual fee -- A yearly fee charged to a customer to participate in an open-ended credit program. annual percentage rate APR -- The cost of credit expressed as a yearly rate. APR is a percentage that results from an equation considering the amount financed the finance charges and the term of the loan. assets -- Items of monetary value . house land car owned by an individual or a company. ATM -- Acronym for automated teller machine. authorized user -- A person who has been given permission to make changes to a credit account. This status must be given by the primary account user. An authorized user is not legally responsible for repaying the account. average daily balance -- The balance that results from adding together all the daily balances of a credit account in the billing cycle and dividing by the number of days in the billing cycle. This balance is often used to calculate finance charges. balance-- An outstanding amount of money. In banking balance refers to the amount of money in a particular account. In credit balance refers to the amount owed. balance transfer-- Repayment of one credit debt with another credit source. balance transfer fee-- The fee charged to transfer balances between two credit sources. This fee is often a percentage of the amount transferred. bank -- An establishment for lending issuing borrowing exchanging and safeguarding money. bankruptcy -- A legal action taken when a credit holder .