Unbanked

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Unbanked

Describing a person or group of people who do not have an account at any bank. Unbanked persons are either paid in cash or cash their paychecks rather than deposit them. Unbanked persons are often poor; lack of a bank account often renders one ineligible to buy a house or take advantage of some social services.

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No references found			The study reviewed the financial habits of 2,000 households, with and without bank accounts, finding that one-third of the unbanked conduct all transactions in cash, leaving them open to theft, fraud and loss. Pew Health Group Report Measures Financial Habits of Low-Income ... by PR Newswire Summary: New Delhi, July 10, 2010, SPA -- The World Bank and India on Friday signed two agreements for a total loan of $ 407 million to scale up microfinance services in unbanked areas and improve capacity to generate quality statistics. World Bank To Lend $407 Million To India For Microfinance, Quality ... by Saudi Press Agency (SPA) This research tested this hypothesis through an empirical analysis of microlevel data collected to examine the determinants of being unbanked in today's economy. High school economic education and access to financial services by Grimes, Paul W.; Rogers, Kevin E.; Smith, Rebecca Campbell / Journal of Consumer Affairs			Umbrella Personal Liability Policy Umbrella Policy Umbrella Reinsurance Umschuldung UN Unadjusted Basis Unadjusted Trial Balance Unaffiliated Investments Unaffiliated Union Unaided Recall Unallocated Benefit Unamortized Bond Discount Unamortized Bond Premium Unamortized Cost Unamortized Premiums on Investments Unaudited Statement Unauthorized Insurance Unauthorized Insurer Unauthorized Investment Unauthorized Practice of Law Unauthorized Reinsurance Unauthorized Transfer Unauthorized Use Unavoidable Costs Unbalanced Growth Unbanked Unbiased Estimator Unbiased Expectations Hypothesis Unbiased Predictor Unbranding Unbundled Life Insurance Policy Unbundling Uncalled Capital Uncap Uncashed Uncertain Tax Position Uncertified Unit Uncharged Uncharged Arrearage Unclaimed Balance Uncollected Funds Uncollectible Account Uncommercial Uncommitted Facility Unconditional Bid Unconditional Vesting Unconfirmed Letter of Credit Unconscionable Unconscionable Bargain Unconsolidated Subsidiary Uncovered Call			Unbalanced Growth unbalanced hoisting Unbalanced line Unbalanced Mach-Zehnder Unbalanced Magnetic Pull Unbalanced Magnetron unbalanced mind Unbalanced Non-Radiative Dielectric Unbalanced One-Way Binary Tree unbalanced output Unbalanced Quadrature Phase-Shift Keying Unbalanced sex ratio Unbalanced sex ratio Unbalanced sex ratio unbalanced shothole unbalanced translocation unbalanced wire circuit unbalances unbalances unbalancing unbalancing unbalconied Unballast unballasted unban unbandage unbanded Unbank Unbanked unbanned unbanning Unbanning Books Association of America unbans unbaptised unbaptized unbar unbar Unbarbed Unbark unbarred unbarred Unbarrel unbarreled unbarrelled Unbarricade Unbarricadoed unbarring unbarring unbars unbars unbased Unbashful unbated Unbay UNBC UNBD Unbe

Financial Dictionary

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