Basel Accord Law and Legal Definition
Basel accord is an agreement among central banks. It was signed in 1988. The purpose of Basel accord is to improve the international banking system by setting the minimum amount of capital banks must maintain in proportion to their assets, thus enabling banks to compete more fairly.
Legal Definition list
- Baseboard Electric Heater
- Baseball Arbitration
- Base Year [Education]
- Base Price [Agricultural Marketing Service]
- Base Point Pricing
- Basel Accord
- Basel Committee on Banking Supervision
- Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and Their Disposal
- Baseline
- Baseline Alternative [Transportation]
- Baseline Building
