Basel Accords

Business, Legal & Accounting Glossary

Definition: Basel Accords


Basel Accords


Full Definition of Basel Accords


Agreements set by the Basel Committee on Bank Supervision (BCBS) to ensure financial institutions are well capitalized to remain stable under unexpected losses and are always in a position to honor their obligations. The Accords provide guidelines to be followed for dealing with all the risks that financial institutions have to face.


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Definition Sources


Definitions for Basel Accords are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 14th November, 2021 | 0 Views.