Super Finance Glossary
Over 10,000 financial glossary terms...
Random Glossary Terms
Corporate financial management: The application of financial principles within a corporation to create and maintain value through decision-making and proper resource management.
Interest rate floor: An interest rate agreement in which payments are made when the reference rate falls below the strike rate. Related: Interest rate cap.
Truth in lending law: Legislation governing the granting of credit, that requires lenders to disclose the true cost of loans and the actual interest rates and terms of the loans in a manner that is easily understood.
Legislative risk: The risk that new or changed legislation will have a large positive or negative effect on an investment.
Permissiable nonbank activities: Financial activities closely related to banking that may be engaged in by bank holding companies (BHCs), either directly or through nonbank subsidiaries. For example, a BHC might own finance companies or engage in mortgage banking. The Federal Reserve Board determines which activities are closely related to banking. Before making such activities permissible, the Board must determine that performance of the activities by bank holding companies is in the public interest.
