Banking Glossary (H)

Half Year
	A period of 182 days if computed in days or six complete calendar months.
Held Till Maturity (HTM)
	The securities acquired by the banks with the intention to hold them up to maturity.
Held for Trading (HFT)
	Securities where the intention is to trade by taking advantage of short-term price / interest rate movements.
High Cost Deposit
	Deposits accepted above card rate (for the deposits) of the bank.
Hire Purchase Price
	The total money to be paid by the hirer under the hire-purchase agreement so as to complete the purchase of vehicle / machinery / goods etc.
Hirer
	The person who takes the good on hire. If you purchase a car under hire-purchase agreement with a finance company, then you become the hirer.
Home Branch
	The branch where customer has opened his account after due compliance with KYC norms.
Household Income
	Income from all sources including wages, commissions, bonuses, dividends and interest of the members of a family.
Hybrid Debt Capital Instruments
	In this category, fall a number of capital instruments, which combine certain characteristics of equity and certain characteristics of debt. Each has a particular feature, which can be considered to affect its quality as capital. Where these instruments have close similarities to equity, in particular when they are able to support losses on an ongoing basis without triggering liquidation, they may be included in Tier II capital.
Hypothecation
	Hypothecation is a charge that is created on movable asset as security for a debt. However, the ownership as well as possession of the asset is retained with the borrower.