Bank Holiday

The temporary Closing of a bank in the event that ITS obligations exceed ITS resources.

Related Terms: 4 CLO, Closing, ITS, Obligation

Other Related Pages: Category: Banking Starting With: B

Additional Related Terms: 10-K, Agent bank, Accrual of discount, Amortization of premium, At par, Affirmative obligations, All or any part, At best, At call, At risk