Advertising

Off balance sheet activities obsas

• These are the bank activities that do not show up on the balance sheet, such as options, swaps, forward and futures contracts and loan commitments. These involve contingent risks. The bank enters into a contract and promises to provide some guarantee. At the time the promise is made there is no explicit liability and nothing is recorded on the balance sheet.

 
 Embedded terms in definition
 Balance sheet
Contract
Forward
Futures contracts
Futures contract
Futures
Liability
Loan commitments
Options
Time
 
 Related Terms
 

<< Odd lot theory Off balance sheet financing >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

The best way to inspire people to superior performance is to convince them by everything you do and by your everyday attitude that you are wholeheartedly supporting them. - Harold S. Geneen

Advertising



Copyright 2009-2019 GVC. All rights reserved.