The interbank rate is the average lending rate used between banks of comparable size and creditworthiness when they borrow money from each other.
The Federal Funds Rate is the benchmark in America, while LIBOR (the London Interbank Offered Rate) is more prevalent elsewhere. These are indexes which are used to determine rates and terms for other financial instruments and swaps.
The Prime Rate, or the rate banks will used for their most credit-worthy customers, is tied to the interbank rate but is slightly higher of course. In America the Federal Funds Rate is so called because the Central bank participates in the lending. This is sometimes called the overnight rate when it refers to money that is lent between banks overnight.
The “NFL Effect” suggests that the outcome of the Super Bowl can foretell market behavior
Growth mutual funds invest in companies that are developing and/or have a high potential for growth, as the name implies
A covered call is when the writer or seller of a call option either owns the underlying security, or has a guarantee
The investment options in an annuity depend on the company offering the product, and they are generally limited however
There are more than a few types of life insurance, and more are introduced as time passes. Term life is the most common
The primary benchmark for short-term interbank loans around the world is the LIBOR, and Euro Libor is denominated in Euros
Cash flow is the liquid flow of cash and cash equivalents into and out of a business
Requirements that institutions maintain a certain amount of capital relative to the amount of risk-weighted assets (RWA)
The Federal Open Market Committee (FOMC) is the monetary policy-making body of the Federal Reserve System
The Adaptive Market Hypothesis uses theories of behavioral economics to update the aging Efficient Market Hypothesis