Glossary entry (derived from question below)
English term or phrase:
Earnings Credit Longfall
Polish translation:
nadmiar stopy procentowej wkładek oszczędnościowych
Added to glossary by
Lidia Lewandowska-Nayar
Oct 22, 2019 15:33
4 yrs ago
English term
Earnings Credit Longfall
English to Polish
Bus/Financial
Finance (general)
banking
brak kontekstu - pozycja w tabeli
Proposed translations
(Polish)
2 | nadmiar stopy procentowej wkładek oszczędnościowych | Frank Szmulowicz, Ph. D. |
Proposed translations
10 hrs
Selected
nadmiar stopy procentowej wkładek oszczędnościowych
Longfall is the opposite of shortfall (niedobór), hence nadmiar.
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What Is the Earnings Credit Rate (ECR)?
The earnings credit rate (ECR) is a daily calculation of interest that a bank pays on customer deposits. The earnings credit rate is often correlated with the U.S. Treasury bill (T-bill) rate.
https://www.investopedia.com/terms/e/ecr.asp
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What Is the Earnings Credit Rate (ECR)?
The earnings credit rate (ECR) is a daily calculation of interest that a bank pays on customer deposits. The earnings credit rate is often correlated with the U.S. Treasury bill (T-bill) rate.
https://www.investopedia.com/terms/e/ecr.asp
4 KudoZ points awarded for this answer.
Discussion
Earnings Credit Rate (ECR) Definition
REVIEWED BY ADAM HAYES Updated Oct 11, 2019
What Is the Earnings Credit Rate (ECR)?
The earnings credit rate (ECR) is a daily calculation of interest that a bank pays on customer deposits. The earnings credit rate is often correlated with the U.S. Treasury bill (T-bill) rate.
ECRs are rates that banks impute to offset service charges. Because depositors leave balances in non-interest bearing accounts, the bank will apply an ECR on those balances and use that as a credit for services. For example, a corporate treasurer with a $250,000 collected balance receiving a 2% ECR would earn $5,000 to offset services. ECR is often credited automatically.
https://www.investopedia.com/terms/e/ecr.asp