Dictionary of Banking Terms and Expressions. Any and all sorts of individuals designated and authorized to transact company with respect to a free account.

The agreement regulating your open-end credit account, it provides info on modifications that could happen to the account.

The re payment reputation for a free account more than a period that is specific of, like the wide range of times the account ended up being overdue or higher restriction.

Each account owner’s signature has to be on file using the bank. The signature authorizes that person to conduct company with respect to the account. See additionally Joint Account Holder.

Interest that is attained yet not yet compensated. See accounts that are also interest-Bearing FDIC Insurance.

The bank that absorbs the bank acquired in a merger.