What is Unmatched Book?

Answer:

If the average maturity of  bank’s liabilities is less than that of its assets, it is said to be running an unmatched book. The term is commonly used with Euro market.

What is Tandem Account?

Answer:

Tandem Account is a banking account on which customers has a pre-arranged loan limit with the bank to draw as and when he needs by paying interest at a commercial rate, but when the account is in credit, bank pays interest at a very lower rate on balance to this account holder.

What is Technical Insolvency?

Answer:

Technical Insolvency is default on a legal obligation of the firm. For example , technical insolvency occurs when a firm doesn’t pay a bill.

What is Tight Ship?

Answer:;

Tight Ship indicates that organization management procedures are tough and followed very closely under effective control.

What is Tombstone?

Answer:

Official announcement given in the newspaper showing that a loan or bond issue has been subscribed, giving details of the banks which have underwritten it.

What is Transaction Loan?

Answer:

Transaction Loan is the  loan extended by a bank for a specific purpose.