pillar operations

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• pillar — pillared, adj. pillarlike, adj. /pil euhr/, n. 1. an upright shaft or structure, of stone, brick, or other material, relatively slender in proportion to its height, and of any shape in section, used as a building support, or standing alone, as… …   Universalium

• operations risk — The risk to the bank that errors made in the course of conducting its business will result in losses. The Federal Reserve calls this operational risk and states in its definition that operational risk arises from the potential that inadequate… …   Financial and business terms

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