LOMBARD RATE Definition

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LOMBARD RATE is the rate at which the Bundesbank, the German central bank, lends funds to banks as short-term credit. It is normally at least one percentage point above the discount rate and is regarded as an important international indicator.

Learn new Accounting Terms

VERTICAL FINANCIAL ANALYSIS allows comparison of the financial ratios of a company in time - past, present and future.

FUNDS TRANSFER is money that is withdrawn from one account and transferred into a different account. See also ELECTRONIC FUNDS TRANSFER.

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