Below are the Basic banking terms and definitions one must know. Here we are giving 25 most common basic banking concepts (terms and definitions). These banking terms for interview pdf will help a lot to acquire basic banking knowledge. Here terms are given and their definitions are also updated soon. Please know as much as word definitions. These definitions of general banking terms for interview are very helpful to one who is preparing for bank exams and to answer the basic banking interview questions. No One can survive in banking industry without banking general knowledge.
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Most of the Indian Banking terms and definitions are similar to other countries. We will make separate posts like indian banking terms and definitions pdf, banking terms and definitions pdf in hindi In the coming days.
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Banking Terminology Used Commonly
Below are 25 commonly used banking terminology words. See more terms in another post “25 Commonly Used Banking Terminology”.
- Account Holder
- Annual Percentage Yield (APY)
- Asset Liability Management
- Autonomous Investment
- Bancassurance
- Banker’s draft
- Banking Book
- Bull & Bullion
- Capital Funds
- Cash Reserve Ratio
- CBS
- Certificate of Deposit (CD)
- Collateral Security
- Commercial Papers
- Corporate Financing
- Credit Squeeze
- Currency Appreciation
- Currency Depreciation
- Deficit Financing
- DEMAT (Dematerialization)
- Electronic Clearing Service (ECS)
- Equilibrium Price
- Equity Financing
- Factoring
- Financial Inclusion
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