Unmatched Book

AAA

DEFINITION of 'Unmatched Book'

An imbalance that occurs when the maturity of a bank's assets, such as loans, does not match the maturity of its liabilities, such as investments and interest-paying accounts, on the balance sheet. The imbalance can be either positive or negative.

Also known as "mismatched maturities."

INVESTOPEDIA EXPLAINS 'Unmatched Book'

"Mismatched maturities" can also refer to unexecuted forward or spot-market purchases on a foreign-exchange transaction. Still another example is a currency mismatch, where the assets outweigh the liabilities (or vice versa) in a given currency.
 

RELATED TERMS
  1. Balance Sheet

    A financial statement that summarizes a company's assets, liabilities ...
  2. Bank

    A financial institution licensed as a receiver of deposits. There ...
  3. Asset

    1. A resource with economic value that an individual, corporation ...
  4. Income Statement

    A financial statement that measures a company's financial performance ...
  5. Liability

    A company's legal debts or obligations that arise during the ...
  6. Deferred Tax Asset

    A deferred tax asset is an asset on a company's balance sheet ...
Related Articles
  1. Reading The Balance Sheet
    Investing Basics

    Reading The Balance Sheet

  2. The Essentials Of Corporate Cash Flow ...
    Retirement

    The Essentials Of Corporate Cash Flow ...

  3. Off-Balance-Sheet Entities: An Introduction
    Investing

    Off-Balance-Sheet Entities: An Introduction

  4. Assessing Bank Assets: Are Your Savings ...
    Savings

    Assessing Bank Assets: Are Your Savings ...

comments powered by Disqus
Hot Definitions
  1. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  2. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  3. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  4. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  5. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
  6. Earnings Before Interest After Taxes - EBIAT

    A financial measure that is an indicator of a company's operating performance. EBIAT, which is equivalent to after-tax EBIT ...
Trading Center