Tag Archives: bank
Negotiable Certificate of Deposit
Negotiable Certificate of Deposit
Negotiable certificate of deposit (NCD) was introduced in 1961 by the First National City Bank of New...
Embezzlement
Embezzlement
Embezzlement is when a person uses funds for a purpose different from its intended use. It occurs when a trusted person mi...
Delinquency rate
What is the Delinquency rate?
The delinquency rate is the rate of percentage which defines the number of loans that are made due in any...