A
Banking Terms - AAccelerated Cost Recovery System (ACRS) - (rules for the depreciation of certain assets allowing for a shorter depreciation period and higher depreciation rates)
Accounting Information System (AIS) - (a systematic device and methods used for gathering, processing, and reporting accounting information)
Adjustable-Rate Mortgage (ARM) - (residential mortgage in which the interest rate floats up or down according to changes in an index rate)
African Development Bank Group (ADBG) - (international financial institution promoting economic development in Africa)
Agency for International Development (AID) - (federal agency created in 1961 to administer assistance programs to less developed countries through a loan program)
Allocated Transfer Risk Reserve (ATRR) - (special portion of a bank's loan loss reserve covering so-called country risk)
Allowance for Loan and Lease Losses (ALLL) - (the reserve financial institutions must maintain against loan and lease losses)
Alternative Mortgage Instrument (AMI) - (residential mortgage loan, which allows for larger loan amounts, but also higher financing charges)
American Bankers Association (ABA) - (National trade association of commercial banks in the United States)
American Bar Association (ABA) - (organization representing practicing attorneys in the U.S.)
American Depositary Receipt (ADR) - (negotiable certificate issued by a U.S. bank for shares of stock issued by a foreign corporation)
American Depositary Share (ADS) - (share issued under a deposit agreement representing the underlying share of a foreign-based corporation)
American Institute of Banking (AIB) - (educational division of the American Bankers Association)
American Institute of Certified Public Accountants (AICPA) - (professional organization of practicing Certified Public Accountants in the U.S.)
American National Standards Institute (ANSI) - (non-profit organization that sponsors industry standards for information management and data communication)
American Stock Exchange (AMEX) - (U.S. stock exchange located in New York City)
Annual Percentage Rate (APR) - (effective cost of credit in consumer loans and real estate loans expressed as a percentage rate)
Annual Percentage Yield (APY) - (amount of interest, expressed as a percentage rate, a deposit account (or a share draft account) would earn in a year at a stated interest rate)
Anti-Money Laundering (AML) - (bank reporting requirements designed to track and prevent money laundering - funneling money from illegal activities into legal organizations and the financial system)
Anti-Money Laundering Act of 2020 (AMLA) - (Legislation passed in 2021 intended to strengthen, modernize, and streamline bank reporting requirements related to money laundering - funneling money from illegal activities into legal organizations and the financial system.)
Army Post Office (APO) -
Asian Currency Unit (ACU) - (unit of account for dollar-denominated deposits held in separate accounts in Asian banks and financial institutions)
Asian Development Bank (ADB) - (international financial institution promoting economic development in Asia)
Asset-Liability Committee (ALCO) - (senior management cmmittee in a bank or thrift institution responsible for coordinating borrowing and lending strategy, and funds acquisition)
asset protection trust (APT) - (special form of irrevocable trust, usually created offshore, for the principal purpose of preserving and protecting part of one's wealth against creditors)
Association of Certified Fraud Examiners (ACFE) - (an international professional body dedicated to combating fraud)
Audit Command Language (ACL) - (audit-related software)
Auditing Standards Board (ASB) - (authoritative body of the AICPA setting standards for audit engagements)
Automated Clearing House (ACH) - (computer-based clearing and settlement facility for interchange of electronic debits and credits between financial institutions)
Automated Teller Machine (ATM) - (computer terminal allowing consumers to make deposits, obtain cash from checking or savings accounts, pay bills, transfer money, and conduct routine teller transactions)
Automated Valuation Model (AVM) - (computer-generated estimate of residential property value used for mortgage lending)
Automatic Transfer Service (ATS) - (prearranged transfer of funds from a savings account to checking, allowing the depositor to earn interest until funds are needed to cover checks written or to maintain a minimum balance)