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. Asset

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

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

    A company's legal debts or obligations that arise during the ...
  4. Balance Sheet

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

    A financial institution licensed as a receiver of deposits. There ...
  6. Expanded Accounting Equation

    The expanded accounting equation is derived from the accounting ...
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. 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