Interest rate guarantee and Online: Difference between pages

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(IRG).  
1.  


This is an option on a specified short-term interest rate for a specified notional loan or deposit.
In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users through such electronic means as computer-to-computer interfaces or electronic terminals, which are entered into a transfer processing system by automated means.
A borrower normally wants a guarantee that their hedged rate payable will be 'no higher than' a specified worst case rate.


A lender or investor normally wants a guarantee that their hedged rate receivable will be 'no less than' a specified worst case rate.
 
2.
 
The term may also refer to the storage of data by a transfer processing system on a computer database so that the user has direct access to the data (frequently in real time) through input/output devices such as terminals.
 
 
3.
 
More generally, connected to another computer or electronic terminal. 
 
For example, connected to the internet.
 
 
4. ''Retail''.
 
Retail offerings to consumers via the internet, rather than in a physical shop.




== See also ==
== See also ==
* [[Hedging]]
* [[Data]]
* [[Interest rate]]
* [[Database]]
* [[Interest rate option]]
* [[Offline]]
* [[Option]]
* [[Omnichannel]]


[[Category:Manage_risks]]
[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Latest revision as of 12:19, 13 July 2022

1.

In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users through such electronic means as computer-to-computer interfaces or electronic terminals, which are entered into a transfer processing system by automated means.


2.

The term may also refer to the storage of data by a transfer processing system on a computer database so that the user has direct access to the data (frequently in real time) through input/output devices such as terminals.


3.

More generally, connected to another computer or electronic terminal.

For example, connected to the internet.


4. Retail.

Retail offerings to consumers via the internet, rather than in a physical shop.


See also