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Earnings Credit Rate
(redirected from ECR)

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Earnings Credit Rate
Also called an ECR. The interest rate a bank pays on customer deposits. Rather than being applied to the deposit directly, ECRs are used to reduce the fees the customers pay for other banking services. For example, if a bank is paying a 0.05% ECR on a $10,000 deposit, the depositor earns a $5 reduction in his/her other fees. An ECR is usually connected to a Treasury bill rate.


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WARRINGTON PC touchscreen and retail systems specialist J2 Retail Systems has supplied the electronic tills systems for Cardiff City's new 27,000-capacity stadium, with Pontypridd-based partner ECR Concepts.
ECR chief public relations officer A K Chandra confirmed the incident and disclosed that the track has been uprooted in a stretch of about four feet.
1 Lake Forest of El Toro in Thursday's regional semifinals - it was only good for ECR (20-7-3) to vault to No.
 
 
 
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