Even as the banks sometimes suffered, there were stories of economic gain and wealth made through their operation. Industrial enterprises were sweeping the country, and their need for financing was seized upon by men like J.P. Morgan (1837–1913). Morgan made his fortune as a banker and fina...
4. (Gambling, except Cards) the funds held by a gaming house or a banker or dealer in some gambling games 5. (Card Games) (in various games) a. the stock, as of money, pieces, tokens, etc, on which players may draw b. the player holding this stock 6. any supply, store, or ...
Banker's Bank Abankthat providesloansand otherservicesto small banks in local communities. Because they providecapitalto (and therefore spreadriskover) a large number of local banks, banker's banks enable community banks to provideretailservices for a lowerexpensethan otherwise would be possible. Ba...
Why is '-ed' sometimes pronounced at the end of a word? Popular in Wordplay See All Top 12 Sophisticated Compliments Word of the Year 2024 | Polarization Terroir, Oenophile, & Magnum: Ten Words About Wine 8 Words for Lesser-Known Musical Instruments ...
Customer Relations Expert Being the director of customer relations means being the subject matter expert on customer service. The director should be able to answer questions from employees on the proper way to handle customers over the phone, face-to-face and over the Internet. He should be awar...
Why is '-ed' sometimes pronounced at the end of a word? Popular in Wordplay See All Terroir, Oenophile, & Magnum: Ten Words About Wine 8 Words for Lesser-Known Musical Instruments 10 Words from Taylor Swift Songs (Merriam's Version) ...
While it may seem as if an investment fiduciary would be a financial professional (money manager, banker, and so on), an investment fiduciary is actually anyperson who has the legal responsibility for managing somebody else’s money. That means if you volunteered to sit on theinvestment committ...
You won’t meet a banker face to face, but with a mobile device or computer, you can reach your account anytime. Here's a closer look at online banks. Ready to start banking online? Say goodbye to waiting in line at a branch and hello to convenience. See NerdWallet's picks for ...
An investment fiduciary need not be a financial professional (money manager, banker, and so on) but is anyperson with the legal responsibility for managing somebody else’s money. That means you have a fiduciary responsibility if you volunteered to sit on theinvestment committeeof the board of ...
BANKER'S ACCEPTANCE (BA) is a money market instrument that is issued in discounted form. A banker's acceptance is created when a bank accepts responsibility for payment of business debt by signing a letter of credit. Banker's acceptances are sold to acceptance dealers and may be resold to ...