FINANCIAL INSTITUTION Definition

Bookmark and Share

FINANCIAL INSTITUTION is an institution (public or private) that collects funds (from the public or other institutions) and invests them into financial assets.

Learn new Accounting Terms

E as the fifth letter of a Nasdaq stock symbol indicates that the issue did not meet the reporting date for the company's SEC regulatory requirements.

DIRECT FINANCING LEASE is one in which the lessor's only source of revenue is interest. The lessor (generally a bank or other financial institution) buys an asset and leases it to the lessee. This transaction is an alternative to the more customary lending arrangement in which a borrower uses the loan proceeds to purchase an asset. A direct financing lease is the functional equivalent of a loan.

Suggest a Term

Enter Search Term

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