Meaning BANK WIRE: A computer message system linking major banks. It is used not for effecting payments, but as a mechanism to advise the receiving bank of some action that has occurred, e.g., the payment by a customer of funds into that bank's account
More terms such as Bank wire in Dictionary B.
- Definition Barter:
- Examples The trading/exchange of goods or services without using currency bank wire definition.
- Definition Book:
- Examples A banker or trader's positions bank wire explain.
- Definition Barbell Strategy:
- Examples A fixed income strategy in which the maturities of the securities included in the portfolio are concentrated at two extremes bank wire what is.
- Definition Buyer'S Market:
- Examples Market in which the supply exceeds the demand, creating lower prices. Antithesis of seller's_market bank wire meaning.
- Definition Bear Market:
- Examples Any market in which prices exhibit a declining trend. For a prolonged period, usually falling by 20% or more bank wire abbreviation.
