Runoff
Barron's Banking Dictionary:
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Runoff
1. Reduction of a loan portfolio as loans are paid off at scheduled maturity dates, or when borrowers prepay their loans. Loan portfolio runoffs accelerate when interest rates are declining, and borrowers refinance at lower rates.
2. Early withdrawal of Savings Account or Time Deposit balances. When depositors take their funds out of depository institutions to put their money in direct investments, such as stocks, bonds, or mutual funds, the outflow of funds from banking institutions is known as Disintermediation.
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The procedure of printing the end-of-day prices for every stock on an exchange onto ticker tape.
Investopedia Says:
If the "tape is late" then it can take a long time to print off all the closing prices.
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Barron's Banking Dictionary
Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.
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