Glossary

Updated 1 April 2019

This glossary offers definitions of technical terms commonly used in the BIS Quarterly Review.

The glossary is also available as a PDF file in ChineseFrench, German, Italian and Spanish.

local position

Claim on or liability to a counterparty located in the same country as the banking office that books the position. Opposite of a "cross-border position".

Updated: 11 Dec 2016
local position

Claim on or liability to a counterparty located in the same country as the banking office that books the position. Opposite of a "cross-border position".

Updated: 11 Dec 2016