The borrower deposits the cash at a bank.
FORBES: Excess Reserves Are The $1 Trillion Reminder Of Crisis
Housing inventories are at the lowest level since 1963, corporate profits are at an all time high, cash in the bank is at an all time high, announced stock buybacks are at an all time high, consumer spending is at an all time high, household obligations are the lowest since 1993.
FORBES: None Of The Above: 2012, A Transformational Political Year?
And on Saturday afternoon, police discovered a device attached to a cash machine at the HSBC bank on Market Hill in Cambridge.
BBC: NEWS | UK | England | Beds/Bucks/Herts | Warning over cashpoint 'cloning'
The point is that Bankia can take those 19bn euros of Spanish government bonds and swap them for cash at the European Central Bank.
The Faster Payments System was set up because bank customers found it frustrating that transferring cash from one account to another at a different bank took several days.
"Valuation aside, this looks like good news for Bumi Plc, in our view, as it could walk away with its reputation intact and some cash in the bank, " analysts at London-based brokerage Numis were quoted as saying by Reuters.
The company points out that customers can't bank with the card or use it outside the U.S. But other stored-value cards, often branded by Visa or MasterCard, can be accessed for cash via atms worldwide and reloaded with cash online or at checkout counters without a bank account or face-to-face identity verification.
This sort of savings plan provides a true nest egg of funds that can be drawn on at any time, like cash in the bank.
FORBES: How Wall Street Unloads Its Risk On Unsuspecting Savers
Most banks that now have cash prefer to deposit funds at the European Central Bank (ECB), which in turn lends it on to those that are short of it.
Banks had seen deposits grow at annual rates of up to 13% in the early part of the decade, as consumers withdrew cash from their homes and stashed it at the bank, for lack of more attractive investment options.
They'll be able to cash in and cash out at such merchants, too -- no bank branches required.
CNN: Cell-phone banking offers financial help to Third World
Which means that if everyone does turn up at the same time demanding their cash then the bank cannot pay out and goes bust.
They have been relying on some cash they took out of the bank for other purposes at Christmas time.
Their combined cash and bank balances totaled 79.6 billion rupeees at the end of 2011-12 , according to data from the Center for Economic Monitoring showed.
FORBES: Like U.S. Peers, India Corporates Hold Cash, Not Spending
With all the cash in the bank, they can all keep throwing mud at the wall and buying companies.
Chinese families put as much 58% of financial assets in bank deposits, followed by 18% in cash at home, 15% in stocks, and 4% in funds, according to the PBOC report.
It is rather as though a household with lots of cash sitting idle in a low-interest bank account was at the same time paying a much higher interest rate on its debts.
And the FSA is also allowing banks to hold a much wider and more diverse and riskier collection of supposedly liquid investments, as a proxy for cash, which is their rainy-day money in case too many of their depositors want their cash back at the same time (it is the insurance against bank runs).
While it offers remittance products at its bank branches, it is also running 130 Cash Express check-cashing outlets as an inexpensive market-entry point.
Rowe Price, or a BlackRock, which will have a transparent cash flow and sell at some price-earnings multiple higher than a bank today and behave according to the way the stock market behaves.
Two companies in the top ten this year, Bank of America and Target, kept their 2011 cash giving at the same level as 2011.
Yes, the cash in the bank and receivables are actually worth more than the entire company at current prices.
The cash took the form of either banknotes or a credit balance at the Federal Reserve bank that held the collateral.
Analysts also said that the heavy demand at the auctions was helped by the amount of cash that the European Central Bank is injecting into the system.
His policy of expanding "power money"--cash in circulation plus bank reserves--will feed inflation, which is currently at 5.2%.
Changes in a business closely tied to cash equities trading might also indicate Deutsche Bank's determination to make a run at Morgan Stanley's market-leading position.
If you are going international, grab cash from the ATM at the airport so you don't have to search out a bank near your hotel.
Mr Negi has found 14 companies which would have more cash in the bank, after repaying their debts, than they could be bought for at today's share prices.
Similar to a bank account, people participating have access to the underlying gold or the cash value at any point.
If you have cash you might at least keep it under your bed, in a safe, perhaps in a bank.
应用推荐