matched book(redirected from Matched Books)
A bank runs a matched book when the of maturities of its assets and liabilities is distribution equal.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A situation in which the funds a bank or brokerage has borrowed equal the funds it has lent to customers, where both borrowed and lent funds have the same maturity. A matched book is one way a financial institution can reduce its risk because a matched book does not add to its liabilities.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The position of a broker-dealer when funds borrowed are equal to funds lent to customers.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.