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