Tooltip Categories: Economics & Finance

Basic Bank Account Number [BBAN]

The identifier used by financial institutions in individual countries as part of a National Account Numbering Scheme, which uniquely identifies an account of a customer

Leer más »

basic income

A basic income is a periodic cash payment unconditionally delivered to all on an individual basis, without means-test or work requirement. (source: http://basicincome.org/basic-income/)

Leer más »

basic payment account

The EU recommends that European consumers who do not have a paid account should be able to open and use a basic payment account, irrespective

Leer más »

batch

The quantity of material, things or documents, prepared for one operation.

Leer más »

be overdrawn

To take out more money from a bank account than there is in it. (source: http://www.investorwords.com/10515/overdraw.html#ixzz2KFDbpnau)

Leer más »

bear market

A prolonged period in which investment prices fall, accompanied by widespread pessimism. (source: http://www.investorwords.com/443/bear_market.html#ixzz2QBVpQUmu)

Leer más »

bank transfer fees

The sending bank/bureau (sometimes referred to as the «remitter» or “remitting bank/bureau”) may charge a fee for the service it provides. The receiving bank/bureau (sometimes

Leer más »

banking license

A prerequisite for a financial institution that wants to provide banking services. (source: http://en.wikipedia.org/wiki/Banking_license)

Leer más »

banking ombudsman

The role of the ombudsman is to conduct a thorough and impartial investigation of all of the issues relating to customers’ concerns.

Leer más »

banking secrecy

One of the conditions of the relationship between a bank and its customers is that the customers’ dealings and financial affairs will be treated as

Leer más »