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Money center banks
Money center banksBanks that raise most of their funds from the domestic and international money markets , relying less on depositors for funds. RELATED TERMS-------------------------------------- Raise To make something rise or increase (e.g. prices, tax rates); or to obtain capital. Money A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc. SIMILAR TERMS-------------------------------------- MONEP (Marche des Options Negociables de Paris) A subsidiary of the Paris Bourse that trades stock and index options. MONESSEN SCHOOL EMPLOYEES Credit Union MONESSEN SCHOOL EMPLOYEES is a credit union with head office in MONESSEN, PA Monetarism The theory that prices and economic activity generally are determined by the quantity of money in circulation. Monetarist An economist who believes that changes in the money supply are the most important determinants of economic activity and economic cycles. Monetarist theory An economic concept which contends that changes in the money supply are the most significant determinants of the rate of economic growth and the behavior of the business cycle. Monetary Relating to money or currency. Monetary assets and liabilities Assets and liabilities with contractual payoffs. Monetary conditions index A measure of monetary conditions in the Canadian economy, giving an idea of the relative ease or tightness of monetary policy. Monetary Control Act of 1980 (MAC) Act which requires that all banks and all institutions that accept deposits from the public make periodic reports to the Federal Reserve System. Monetary gold Gold held by governmental authorities as a financial asset. Monetary indicators Economic indicators of the effects of monetary policy, such as the condition of the credit market. Monetary policy A stock valuation system that uses over 100 variables in seven major categories to determine the value of a stock. Monetary union index of consumer prices An average measure of inflation for all countries located in the Euro-zone. It is a statistical indicator whose objective is to facilitate making comparisons of inflation between the European Union and other economies such as the U.S. Monetary-non-monetary method Under this translation method, monetary items are translated at the current rate while non-monetary items are translated at historical rates. Monetization The securitization of the gross revenues of a contract. Monetize 1) To convert into money. 2) To convert from securities into currency that can be used to purchase goods and services. Monetize the debt Financing the national debt by printing new money, which causes inflation due to a larger money supply. Money A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc. Money base Composed of currency and coins outside the banking system plus liabilities to the deposit money banks. Money broker A day on which contracts for stock index futures, stock index options, stock options, and single stock futures (SSF) all expire. Money converter A system to know how much a certain amount of money means in a different currency. MONEY Credit Union MONEY is a credit union with head office in SYRACUSE, NY Money flow Calculated by averaging the high, low, and closing prices, and multiplying by the daily volume. Money flow index (MFI) A volume indicator that tracks the flow of money into or out of a market. Money laudering These are items, in the context of IRA withdrawals, that constitute penalty free withdrawals for an IRA owner who uses the assets to purchase a first home. Money management The process of budgeting, saving, investing, spending or otherwise in overseeing the cash usage of an individual or group. Money manager A business or bank responsible for managing the securities portfolio of an individual or institutional investor. Money market The inter-bank market in short-term instruments such as treasury bills, bills of exchange, etc. Money Market Demand Account (M.M.D.A.) An account that pays interest based on short-term interest rates. Same as a Money Market Deposit Account Money market fund A fund that offers investors higher interest than normal deposit accounts in banks. Money market hedge The use of borrowing and lending transactions in foreign currencies to lock in the home currency value of a foreign currency transaction. Money market security Short-term investment usually of less than one year. Money market yield A bond quotation convention based on a 360-day year and semiannual coupons. MONEY ONE Credit Union MONEY ONE is a credit union with head office in LARGO, MD Money order A financial instrument backed by a deposit at a certain firm such as a bank that can be easily converted into cash. Money rate of return Annual money return as a percentage of asset value. Money stock The amount of money in circulation in an economy. Money supply The money stock multiplied by its velocity (the number of times it is spent in a given period). Money supply targets Limits to the growth of the money supply, set by governments following monetarist theory. Money Today Money Today is a business newspaper in South Korea. Money transfer A procedure by which a person or company orders a bank to send a part of the funds in their account to another person or company. Money transmission The process of transferring funds and making payments. Money tree An imaginary tree which produces money. Money unclaimed Money no company or individual has claimed and can therefore be legitimately added to one's own. Money zero maturity (MZM) A measure of the liquid money supply within an economy. MZM represents all money in M2 less the time deposits, plus all money market funds. Money-purchase pension plan A defined-contribution plan to which employer contributions are fixed. Money-purchase provisions The terms of a registered pension plan that detail the specific amounts that an employer and employee contribute to the plan. PREVIOUS AND NEXT TERMS-------------------------------------- Monetize 1) To convert into money. 2) To convert from securities into currency that can be used to purchase goods and services. Monetize the debt Financing the national debt by printing new money, which causes inflation due to a larger money supply. Money A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc. Money base Composed of currency and coins outside the banking system plus liabilities to the deposit money banks. Money broker A day on which contracts for stock index futures, stock index options, stock options, and single stock futures (SSF) all expire. Money center banks Money flow Calculated by averaging the high, low, and closing prices, and multiplying by the daily volume. Money flow index (MFI) A volume indicator that tracks the flow of money into or out of a market. Money laudering These are items, in the context of IRA withdrawals, that constitute penalty free withdrawals for an IRA owner who uses the assets to purchase a first home. Money management The process of budgeting, saving, investing, spending or otherwise in overseeing the cash usage of an individual or group. Money manager A business or bank responsible for managing the securities portfolio of an individual or institutional investor. We thank you for using the Financial Dictionary to search for Money center banks. If you have a better definition for Money center banks than the one presented here, please let us know by making use of the suggest a term option. This definition of Money center banks may be disputed by other professionals. Our attempt is to provide easy definitions on Money center banks and any other medical topic for the public at large.
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