Unmatched Book


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."

BREAKING DOWN '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.

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  1. Does working capital include inventory?

    A company's working capital includes inventory, and increases in inventory make working capital increase. Working capital ... Read Full Answer >>
  2. Does working capital include salaries?

    A company accrues unpaid salaries on its balance sheet as part of accounts payable, which is a current liability account, ... Read Full Answer >>
  3. Are dividends considered an asset?

    Whether dividends paid on stock are considered an asset depends on which role you play in the investment: the issuing company ... Read Full Answer >>
  4. What is a profit and loss (P&L) statement and why do companies publish them?

    A profit and loss (P&L) statement, or balance sheet, is essentially a snapshot of a company's financial activity for ... Read Full Answer >>
  5. How do dividends affect the balance sheet?

    Dividends paid in cash affect a company's balance sheet by decreasing the company's cash account on the asset side and decreasing ... Read Full Answer >>
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    It is a company's board of directors who actually declares a dividend. The declaration date is the first of four important ... Read Full Answer >>

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