General Examination

AAA

DEFINITION of 'General Examination'

A regulatory measure set up to give a detailed examination of all aspects of a bank. The examination is conducted by the governing body of different levels of banks. For example, the state banking regulators would provide an overview of all state-run banking institutions.

INVESTOPEDIA EXPLAINS 'General Examination'

This examination is generally conducted every two years. The person/persons conducting the exam will take an in-depth look focusing a lot of time on the banks financial statements, and interviewing staff and managers on policies and procedures. They are looking for descrepancies, as well as the overall health of the financial institution.

RELATED TERMS
  1. Federal Reserve Bank

    The central bank of the United States and the most powerful financial ...
  2. Commercial Bank

    A financial institution that provides services, such as accepting ...
  3. Federal Deposit Insurance Corporation ...

    The U.S. corporation insuring deposits in the U.S. against bank ...
  4. Universal Banking

    A banking system in which banks provide a wide variety of financial ...
  5. Private Banking

    Personalized financial and banking services that are traditionally ...
  6. Bank

    A financial institution licensed as a receiver of deposits. There ...
Related Articles
  1. Bag The Best Bank Account
    Insurance

    Bag The Best Bank Account

  2. Liquidity And Toxicity: Will TARP Fix ...
    Insurance

    Liquidity And Toxicity: Will TARP Fix ...

  3. Who Backs Up The FDIC?
    Options & Futures

    Who Backs Up The FDIC?

  4. Financial Regulators: Who They Are And ...
    Options & Futures

    Financial Regulators: Who They Are And ...

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center