Glossary of Deposit and Lending Terms
This glossary defines the terms used across the LendIQ documentation. Each entry also lists the everyday words customers use for the same idea, so search finds the right article whichever term you type.
| Term | Definition | Also called | Product area |
|---|---|---|---|
| Deposit beta | The share of a market rate change that a bank passes on to its deposit rates. A beta of 0.40 means a 100 bp market move changes the deposit rate by 40 bp. | Rate pass-through, rate sensitivity, pass-through rate | Deposit Pricing |
| Balance elasticity | How much deposit balances change when the offered rate changes relative to peers. | Rate elasticity, balance sensitivity, runoff sensitivity | Deposit Pricing |
| Peer benchmark | The median rate offered by comparable institutions for the same product, term and region. | Market rate, competitor rate, peer median | Deposit Pricing |
| Rate scenario | A what-if projection of balances and interest expense after a proposed rate change. | What-if analysis, rate simulation, pricing test | Deposit Pricing |
| Brokered CD | A certificate of deposit sourced through a third-party broker rather than directly from customers. | Wholesale CD, broker deposit | Deposit Pricing |
| Basis point (bp) | One hundredth of a percentage point. 25 bp equals 0.25%. | bps, bip | All |
| Loan yield | Interest income earned on the loan portfolio divided by average outstanding balances, annualised. | Portfolio yield, interest yield | Loan Analytics |
| Workspace | A separate data area for one institution, region or business line, with its own users and settings. | Tenant, environment, instance | Administration |