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Old 08-06-2011, 06:11 AM   #303
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Default Top monetary news in Bridgend

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fast-track trade procedure (F1)<br />A procedure of the US Congress to legislate for trade agreements at the request of the president, who promised to keep to the agreed procedure.
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Banking Act 1979 (E5, G2)<br />The aims of this UK statute were to regulate deposit-taking business under the control of the Bank of England. It defined 'deposit-taking business' as the receiving of deposits of money and then lending to others, or as being financed out of the capital or interest received by way of deposit. The Act also set up a Deposit Protection Board to manage a deposit protection fund.<br /><em>See also:</em> Financial Services Act
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market rate of interest (E4)<br />The RATE OF INTEREST set by a particular financial market.<br /><em>See also:</em> natural rate of interest; Wicksell

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