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. Best's Capital Adequacy Relativity ...

    A rating of an insurance company’s balance sheet strength. Best’s ...
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 ...

Hot Definitions
  1. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  2. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  3. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  4. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  5. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  6. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
Trading Center