LIABILITY MANAGEMENT
\lˌa͡ɪəbˈɪlɪti mˈanɪd͡ʒmənt], \lˌaɪəbˈɪlɪti mˈanɪdʒmənt], \l_ˌaɪ_ə_b_ˈɪ_l_ɪ_t_i m_ˈa_n_ɪ_dʒ_m_ə_n_t]\
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Balancing deposits, CDs, and the like using specific liquidity reserves as a process by which financial institutions mitigate liability. Intent is to reduce liquidity risks and adverse market condition impacts against the banks and other lenders.
By Henry Campbell Black
Word of the day
Mustagh Range
- a mountain range in northern Kashmir; an extension of the Hindu Kush; contains 2nd highest peak