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ADB (1)

ADB (2)


1. Adjusted Debit Balance. The amount of money an investor owes on a margin account. This is calculated as the amount the investor directly owes his/her broker less the paper profit the investor has made on short sales and similar transactions on a special miscellaneous account. The adjusted debit balance is important to determining the amount owed in case of a margin call. According to Regulation T, an investor can only make a cash or securities withdrawal if the adjusted debit balance is small.

2. Asian Development Bank. A bank that promotes economic growth and international development in the Asia-Pacific region of the world. It finances its activities with bonds and works closely with the International Monetary Fund and the World Bank toward accomplishing its goals. Its two largest shareholders are the United States and Japan. It was established in 1966 and is headquartered in Manila.
References in periodicals archive ?
Before joining ADB in 2006, Bird served as a policy adviser to the Indonesian government for USAID and World Bank projects for eight years.
Including the rest of Southeast Asia, the region was 'projected to be one of the most affected regions by heat extremes,' according to the ADB.
Recently, ADB provided a $200 million loan to strengthen Pakistan's disaster risk management including support to the National Disaster Risk Management Fund (NDRMF) to reduce the country's vulnerability to disasters from natural hazards, and climate variability and change.
And ADB is supporting an increasing number of private sector projects in education, health, and agriculture.
Further the Regional Development, Public Sector and Finance also stand among many sectors benefitted from the financial and technical assistance received from ADB.
The findings were presented at a meeting with government officials, project implementation units, and ADB staff last week.
In response to apprehensions that the BRICS bank would challenge rules set by existing institutions such as the World Bank, the finance minister said, 'The BRICS bank will not be a competitor for the World Bank or the ADB.
However, the announced $525 million fund assistance to Cambodia for the period of 2013-2015 may not be the final amount; there is also the possibility that ADB can finance more than that, Peter Brimble, ADB Cambodia's Deputy Country Director said.
The Manila-based bank said it sent Stephen Groff, its vice president for East Asia, Southeast Asia and the Pacific, to Myanmar on Tuesday, the first extended visit by ADB senior management since the country began undertaking reforms earlier this year.
Rune Strom, Director Energy of ADB reiterated that the bank will provide financial assistance for free distribution of 30 million energy saver bulbs (CFLs) in the country.
22 (ANI): The Asian Development Bank (ADB) was on track in its performance in 2009 to deliver output targets in the core sectors of infrastructure, education and finance in the region, says an ADB report released yesterday.
On March 9, Carmanah Technologies Corporation and ADB Airfield Solutions announced that they are expanding their partnership agreement to include Europe, South America, the Middle East/Africa and Asia Pacific.