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bank law

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  • bank — / baŋk/ n: an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds branch bank: a banking facility that is a separate but dependent part of a chartered bank; esp: a… …   Law dictionary

  • Bank of England — established in 1694, the Bank of England is the central bank of the UK. It was nationalised by the Bank of England Act 1946 and acts as competent authority for the banking sector under regulatory powers conferred by the Banking Act 1987. It now… …   Law dictionary

  • bank holiday — Holidays under the Banking and Financial Dealings Act 1971. In England, Wales and Northern Ireland the bank holidays are: Easter Monday; the last Mondays in May and August; Boxing Day (if not a Sunday); December 27 (if either Christmas Day or… …   Law dictionary

  • Bank Holding Company Act of 1956, as amended — (BHC Act) USA The federal statute regulating the acquisition, ownership and control of banks by companies. The BHC Act consists of three primary sections: • Section 2 defines the BHC Act s operative terms, including bank …   Law dictionary

  • Bank Holding Company Act — of 1956, as amended (BHC Act) USA The federal statute regulating the acquisition, ownership and control of banks by companies. The BHC Act consists of three primary sections: • Section 2 defines the BHC Act s operative terms, including bank …   Law dictionary

  • Bank Holding Company Act of 1956 — Bank Holding Company Act of 1956, as amended (BHC Act) USA The federal statute regulating the acquisition, ownership and control of banks by companies. The BHC Act consists of three primary sections: • Section 2 defines the BHC Act s operative… …   Law dictionary

  • bank holding company — USA A bank holding company is any entity that meets any of the following requirements: • Directly or indirectly owns, controls or has the power to vote 25% or more of a class of a bank s securities. • Controls in any manner the election of a… …   Law dictionary

  • bank draft — n. An order for payment of money drawn upon a bank by a bank officer, payable when the issuing bank accepts it. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • Bank for International Settlement — (BIS) An international organisation which fosters international monetary and financial co operation and serves as a bank for central banks. It acts as the secretariat for and meeting place of a number of expert committees, including the Basel… …   Law dictionary

  • bank/bond deals — USA Financing transactions consisting of bank loans and high yield bonds that are issued together as part of an overall financing package for the borrower. In addition, the financing package includes a bridge loan to be funded by the lenders if… …   Law dictionary

  • bank/bond deal — USA Financing transactions consisting of bank loans and high yield bonds that are issued together as part of an overall financing package for the borrower. In addition, the financing package includes a bridge loan to be funded by the lenders if… …   Law dictionary

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