Cabinet crowd is a name for a group of brokers in NYSE who deal with inactive binds. Trading them is very light which usually results in a broad bid-ask spread and low liquidity.
AWARDS
Loan servicing is a period of time and combination of actions which can be observed after the loan is given out right up until the moment it is fully paid off. The process includes sending and collecting monthly payments, maintaining records of said payments, balancing the account, collecting and paying taxes and insurance and so on.
State bank Is a financial institution that is created to service commercial banks. It is NOT the same institution as central or reserve banks which are created to monitor monetary policies of the state.
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