Asset-Liability Committee (ALCO)

Asset-Liability Committee (ALCO),

Definition of Asset-Liability Committee (ALCO):

  • Asset Management (ALCO), also known as Surplus Management, is a control group that coordinates the management of assets and liabilities for the purpose of making a reasonable profit. By managing a company's assets and liabilities, executives can influence earnings, which can translate into higher stock prices.

    • The Assets and Liabilities Committee (ALCO) is responsible for overseeing the management of the assets or liabilities of the company or bank.
    • ALCO's Board of Directors or Management Level provides Management Information System (MIS) and oversight to effectively assess risks on and off the organization's balance sheet.
    • ALCO's strategies, policies and procedures should be linked to the Board's goals, objectives and risk tolerance for operational standards.
    • One of the goals of ALCO is to ensure sufficient liquidity while managing the gap between the bank's interest income and interest expenses.

Literal Meanings of Asset-Liability Committee (ALCO)

Asset:

Meanings of Asset:
  1. A useful or valuable thing, a person or a quality.

Sentences of Asset
  1. Immediate reflexes are your greatest asset

Synonyms of Asset

boon, good point, merit, blessing, value, strong point, strength, beauty, benefit, help, strong suit, virtue, recommendation, gift, attractive feature, resource, attraction, bonus, aid, long suit, forte, talent, advantage, selling point

Liability:

Meanings of Liability:
  1. The state of being responsible for something, especially in accordance with the law.

  2. A person or thing whose presence or behavior may embarrass or harm someone.

Sentences of Liability
  1. Lume l of partners. There are innumerable responsibilities that they understand

  2. Became a political loss

Synonyms of Liability

accountability, burden, encumbrance, hindrance, inconvenience, nuisance, answerability, responsibility, legal responsibility, handicap

Committee:

Meanings of Committee:
  1. A group of people assigned to a particular role usually consists of members of a larger group.

  2. A group of people appointed by the legislature to review the details of a bill.

  3. A person who is responsible for looking after another person's property or property.

  4. A person who was transferred to another person in court due to depression or mental retardation.

Sentences of Committee
  1. Committee meeting

  2. An emergency meeting of the committee members was held last Friday to decide what action to take.

  3. Committee members attended a reception at the town hall last Friday night.

  4. All families who use our services, as well as former committee members and employees, are welcome.

  5. I was a member of the commission that analyzed the reorganization of the Board of Producers.

  6. As the committee members agreed, the office produced a very effective report.

  7. Special thanks to all the members of the committee who worked tirelessly behind the scenes.

  8. The committee also notes that members cannot benefit financially from the fund.

Synonyms of Committee

advisory group, council, jury, senate, board, body, parliament, synod, committee, legislature, congress, team, commission