Now-a-days, retail banking is the most sophisticated issue in the banking sector. From the word retail we know it is one kind of individual banking. Through retail banking a bank may provide differentiated banking product to the customer. In Bangladesh banking sector is the most emerging sector of the economy. Not only Bangladesh but also the whole world is on the demand of the banking sector for its diversified usage. One Bank is lagged behind to the competitor in the market.
Short-Term Paper Definition
The money market is a component of the economy which provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less. As short-term securities became a commodity , the money market became a component of the financial market for assets involved in short-term borrowing , lending , buying and selling with original maturities of one year or less. Trading in money markets is done over the counter and is wholesale.
Term Paper on Islami Bank Limited
Slang terms for money often derive from the appearance and features of banknotes or coins , their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language for example, "buck" for a dollar or similar currency in various nations including Australia , Canada , New Zealand , South Africa , Nigeria and the United States. The five-cent coin is sometimes referred to as "shrapnel" as the smallest remaining coin in value and physical size.
Numismatics portal. A banknote often known as a bill in the US and Canada , paper money , or simply a note is a type of negotiable promissory note , made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks , which were legally required to redeem the notes for legal tender usually gold or silver coin when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. National banknotes are often — but not always — legal tender , meaning that courts of law are required to recognize them as satisfactory payment of money debts.