BASLE COMMITTEE Definition

Bookmark and Share

BASLE COMMITTEE was set up by the Bank for International Settlements and is based in Basle. The Committee drew up international capital adequacy standards for banks and was once known as the Cooke Committee, after a former chairman.

Learn new Accounting Terms

OVERHEAD is the costs associated with providing and maintaining a manufacturing or working environment. For example: renting the building, heating and lighting the work area, supervision costs and maintenance of the facilities. Includes indirect labor and indirect material.

FORMULA is a standard procedure for solving a class of mathematical problems.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.