Defines banking and finance terms like back-to-back loans, bank credit, bank drafts, and bond valuation.

Brokered CD Definition, Pros/Cons, Other Types

The brokered CD definition refers to a certificate of deposit issued by a bank but purchased through a brokerage firm, and it is generally held in the brokerage account rather...

Bridge Insurance Definition

The bridge insurance definition refers to Pembridge’s My_BRIDGE telematics program, a free app that monitors driving behavior to estimate and apply a discount. In short, it’s not a general insurance...

Branch Manager: Definition, Job Description, And Salary

A branch manager job description and salary overview shows this role as the executive responsible for a specific financial institution location's operations and goals. If you are researching finance careers,...

Borderline Risk (Insurance) Definition

Borderline risk insurance is an underwriting classification for an applicant, person, organization, or property of doubtful or marginal underwriting quality. It describes a risk profile that is significant enough that...

Bank Fees Definition And Different Types

Bank fees definition and different types refer to the charges a financial institution deducts for services like account maintenance, processing transactions, or handling specific account actions. Understanding these fees is...