TagInterest rate

yard

yard  n.— «In broker speak, a bank might ask for a “yard”—one billion in a designated currency.» —“To hide desperation for cash, banks may be falsifying interest rate reports” by Carrick Mollenkamp Wall...

sterilisation

sterilisation  n.— «Central banks build reserves by creating domestic currency to buy the dollar and euro reserves. This has a cost, via inflation or through what is known as “sterilisation.” Sterilisation costs arise when a...

stoozer

stoozer n. a person who makes a profit from differing interest rates by moving balances between credit cards. Also v., to stooz. Etymological Note: From the discussion forums of the Motley Fool financial web site, where the user “Stooz”...

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