Daily One Banking Term: (20 sep 2017)


✔️ Adverse Action Notice: The notice required by the Equal Credit Opportunity Act advising a credit applicant or existing debtor of the denial of their request for credit or advising of a change in terms considered unfavorable to the account holder.
✔️  AER: Annual earnings rate on an investment.
✔️  Affidavit: A sworn statement in writing before a proper official, such as a notary public.