Eligible Bankers Acceptances Financial Glossary

What is it? Bankers acceptances that meet Federal Reserve requirements and thus can serve as collateral for bank borrowings from the Federal Reserve. The accepting bank can sell eligible BAs without incurring reserve requirements. (When an accepting bank sells an ineligible BA, the sale is treated as a borrowing subject to reserve requirements.)

Finance Term Definition Added By: Ashlyn

The Eligible Bankers Acceptances definition has been viewed 3565 Time(s)!

Send To Friends!

If you'd like to send the Eligible Bankers Acceptances definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Eligible Bankers Acceptances. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term originalissue discount (OID) is The amount of the difference between the par or redemption price and the price of the security at the time of its original issue. Issuers can issue securities with OID as an alternative to making periodic interest payments as a means of compensating investors. Zero coupon notes, strips, discount notes, and bankers acceptances are examples of investment types with OID. For those instruments, the return provided to the investor comes in the form of a discount. OID should not be confused with the discounts that investors may pay for either coupon-bearing instruments or discount instruments resulting from a change in prevailing rates subsequent to the issuance of a security. OID is subject to different income tax treatment than discounts resulting from changes in market prices.

Financial Term Lessor is The lessor is the party who finances the purchase of the asset and has legal or tax title to the equipment, grants the lessee the right to use the equipment for the lease term, and is entitled to the periodic payments, i.e. the leasing company, us.

Financial Term INCO is Acronym for the international co-operation activities in FP6, i.e. the activities on co-operation with third countries. These are a part of the specific programme Integrating and strengthening European research.

Financial Term Current assets is Short-term assets that constantly change in value such as stocks, debtors and bank balances.

Financial Term Inquiries is Each credit application results in a notation on an individuals credit report. Frequent inquiries can have a negative impact on a credit report.