18 TermsHome > Terms > English, UK (UE) > unmatched book
unmatched book
If the average maturity of a bank's liabilities is shorter than that of its assets, it is said to be running an unmatched book. The term is commonly used with the Euromarket. Also refers to entering into OTC derivatives contracts and not hedging by making trades in the opposite direction to another financial intermediary. In this case, the firm with an unmatched book usually hedges its net market risk with futures and options. Related expressions: Open book and short book.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Tyrannosaurus Rex
Tyrannosaurus Rex was a bipedal carnivore which used to live in the western North America during the Maastrichtian age of the upper Cretaceous Period ...
Contributor
Featured blossaries
Browers Terms By Category
- Skin care(179)
- Cosmetic surgery(114)
- Hair style(61)
- Breast implant(58)
- Cosmetic products(5)
Beauty(417) Terms
- General law(5868)
- Courts(823)
- Patent & trademark(449)
- DNA forensics(434)
- Family law(220)
- Legal aid (criminal)(82)
Legal services(8095) Terms
- Muscular(158)
- Brain(145)
- Human body(144)
- Developmental anatomy(72)
- Nervous system(57)
- Arteries(53)
Anatomy(873) Terms
- Air conditioners(327)
- Water heaters(114)
- Washing machines & dryers(69)
- Vacuum cleaners(64)
- Coffee makers(41)
- Cooking appliances(5)
Household appliances(624) Terms
- Cardboard boxes(1)
- Wrapping paper(1)