Meaning FINANCIAL INSTITUTIONS REFORM, RECOVERY AND ENFORCEMENT ACT OF 1989 (FIRREA): Legislation that established the Office of Thrift Supervision, which was created in the wake of the savings and loan crisis of the late 1980s
More terms such as Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) in Dictionary F.
- Definition Fictitious Credit:
- Examples 039;s credit balance. Fictitious credit exists after the proceeds from a short sale are accounted for with respect to the margin requirement. The proceeds from the short sale are reflected as a financial institutions reform, recovery and enforcement act of 1989 (firrea) definition.
- Definition Fixed Benefits:
- Examples Payments to a beneficiary that are paid in fixed preset amounts and are not variable financial institutions reform, recovery and enforcement act of 1989 (firrea) explain.
- Definition Five Hundred Dollar Rule:
- Examples A rule of the Federal Reserve that excludes deficiencies of $500 or less in margin requirements as a necessary reason for the firm to liquidate the client's account to cover a margin call financial institutions reform, recovery and enforcement act of 1989 (firrea) what is.
- Definition First In, First Out (FIFO):
- Examples An accounting method for valuing the cost of goods sold that uses the cost of the oldest item in inventory first financial institutions reform, recovery and enforcement act of 1989 (firrea) meaning.
- Definition Foreign Currency Futures Contract:
- Examples easily transferable obligation between two parties to exchange currencies at a specified rate during a specified delivery month; standardized contract on specified underlying currencies, in multiples financial institutions reform, recovery and enforcement act of 1989 (firrea) abbreviation.
