Examlex
A bank with a strong positive leverage adjusted duration gap can hedge their exposure to interest rate increases by entering into
Bona Fide Occupational Qualification
A legal defense used by employers to justify discrimination based on religion, age, sex, etc., if it is reasonably necessary to the normal operation of that particular business.
Bona Fide Occupational Qualification
A quality or an attribute that employers are allowed to consider when making decisions on the hiring and retention of employees—a quality that when considered in other contexts would constitute discrimination and thus be illegal.
Civil Rights Act of 1964
A landmark federal law in the United States that prohibited discrimination based on race, color, religion, sex, or national origin.
Seniority System
A method of granting privileges, promotions, or pay based on the length of service or tenure with an employer, often used to determine priority in layoffs and job assignments.
Q23: Routine hedging will allow the FI to
Q25: Mortgage-backed bonds are a form of on-balance-sheet
Q30: When a portion of a loan is
Q41: Whether fixed-rate or floating-rate, a swap arrangement
Q53: As FIs consolidate and expand their range
Q59: A perfect hedge, or perfect immunization, seldom
Q70: What factor is believed to have dramatically
Q71: Success in a merger from revenue enhancement
Q110: The tendency of the variance of a
Q200: Forward contracts are individually negotiated and, therefore,