What is the definition of Unmatched book? | Dictionary.net

UNMATCHED BOOK

\ʌnmˈat͡ʃt bˈʊk], \ʌnmˈat‍ʃt bˈʊk], \ʌ_n_m_ˈa_tʃ_t b_ˈʊ_k]\

Definitions of UNMATCHED BOOK

1910 - Black's Law Dictionary (2nd edition)

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A portfolio with different maturity rates. It increases the risk exposure but also increases profit possible. Refer to gap, gapping, matched book, open book, and mismatch.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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