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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."
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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.
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Search results for 'Unmatched Book'
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