School Articles

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.

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.

Moofer is an abbreviation that stands for ‘mobile out of office worker’. It refers to the employee who does not need an office to work and can generally do their job anywhere where there is wi-fi connection.

Moral hazard is a risk of doing business with the partner who did not enter the partnership in good faith or withheld an important information about the assets, liabilities or their credit capacity.

Machine learning is a concept that AI or a computer program has the ability to learn and adapt to the new received data without any additional human interaction.