Operational Risk Management The idea of Operational Risk Management means a continual cyclic process including risk assessment, threat decision making, as well as implementation of threat controls, which…
Operational Risk Definition Operational Risk is a form of risk that summarizes the risks a corporation or firm undertakes whenever it attempts to work within a provided field…
Market Risk Definition Market Risk is the possibility for an investor to experience losses due to factors that affect the entire performance of the financial markets. Current market…
Credit Risk Definition Credit Risk is the risk of decrease in principal or decrease in a financial reward stemming at a borrower’s failure to settle a loan or…
Basel II Basel II is a banking regulations put forth by the Basel Committee on Bank Supervision, which regulates financing and banking worldwide. Basel II attempts to…
Capital Requirement Capital Requirement is the standardized requirements in position for banks as well as depository institutions, which determines just how much liquidity is required to be…
Financial Transaction Tax The Financial Transaction Tax (FTT), also referred to as the “Stock Transfer Tax” is a proposed tax that might impose a small fee for the…
Fiat Money Definition Fiat Money is a currency that a government has declared to get legal tender, but just isn’t backed by a physical commodity. The value regarding…
Economic Democracy Economic democracy or stakeholder democracy is often a socio economic philosophy of which proposes to transfer decision-making power through corporate managers as well as corporate…
Economics Social Science Economics could be the social science that seeks to describe the factors which usually determine the production, distribution and usage of goods and products and…
Fixed Exchange Rate System Fixed Exchange Rate is a country’s exchange charge regime under government or key bank ties the official exchange rate to a new country’s currency. The…
Floating Exchange Rate Floating Exchange Rate is a country’s exchange charge regime where its currency is determined by the foreign-exchange marketplace through supply and demand for particular currency…