banking book

Definition |

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An accounting book that includes all securities that are not actively traded by the institution, that are meant to be held until they mature. These securities are accounted for in a different way than those in the trading book, which are traded on the market and valued by the performance of the market.

Use banking book in a sentence

You should make sure that you do not let other see your banking book or they may try some identity theft.

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Steve, the senior accountant, was responsible for maintaining the banking book. He would need to provide the information to the auditors since his company was publicly traded.

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BANKING BOOK An accounting book that includes all securities that are not actively traded by the institution, that are meant to be held until they mature. These securities are accounted for in a different way than those in the trading book, which are traded on the market and valued by the performance of the market.

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