Related Words

Bank Draft: A draft addressed to a bank.

Money Center Banks: Banks that raise most of their funds from the domestic and international money markets, relying less on depositors for funds.

Mortgage Banker: A lender, other than a bank, credit union, or savings and loan, that specializes in making residential mortgage loans.

Mock Draft: A 'fake' draft that is not played out during the season that often is used to help determine average drafted position. NFL.com does a number of mock drafts during the season to help give fan . . . View Full Definition

Mitigation Bank: A bank is created when wetlands at a site are restored, enhanced or created in advance of destruction of similar wetlands in nearby locations. The bank then sells 'credits' in the bank to pe . . . View Full Definition

Member Bank: A national- or state-chartered bank that is a member of the Federal Reserve System.

Merchant Bank: A British term for a bank that specializes not in lending its own funds, but in providing various financial services such as accepting bills arising out of trade, underwriting new issues, an . . . View Full Definition

Moscow Interbank Currency Exchange (MICEX): Established in 1992, the most liquid and best organized financial exchange in Russia.

National Bank: All banks in the United States are chartered by either a state government or the federal government. Federally chartered banks, called national banks, are overseen by the Comptroller of the . . . View Full Definition

Nonbank Banks: Nonbank banks, also called limited-service banks, offer some but not all of the services of a traditional commercial bank. They're typically owned by companies, including insurance companies . . . View Full Definition