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round trip transaction

round trip transaction  n.— «According to prosecutors, Stockman lied to banks about the firm’s financial condition, inducing them to loan the company money it couldn’t repay. He engaged in “round trip” transactions that...

March effect

March effect  n.— «The move to garner more deposits by offering up to double-digit rates this month is primarily because it is the end of this financial year when banks try to meet their annual fund targets. This, the industry calls the...