1) The financial obligations held by a dealer or an institution trading on financial markets.

See:

book, making a book.

2) The record of a bank's trading activities and obligations as opposed to its banking obligations. These are those activities of a bank that are seen as financial-market-related and short term. They are required to be marked to market (see marking to market) or marked to model (see marking to model) and must have adequate capital backing.

Compare:

banking book.

• teaser rate
• technical analysis
• technical rally
• technical reserves
• technological risk
• telegraphic transfer
• telephone banking
• Telerate
• Teletext Output Price Information Computer
• teller
• temporal method
• temporary assurance
• tender
• tender offer
• tender panel
• tenesi
• tenge
• tenor
• Ten Windows
• term
• term assurance
• term bill
• terminable annuity
• terminal bonus
• terminal date