Adina, Ciobotea; Cristina, Oaca Sorina - In: Ovidius University Annals, Economic Sciences Series XI (2011) 1, pp. 354-358
Asset-liability management (ALM) is a term whose meaning has evolved. It is used in slightly different ways in different contexts. ALM was pioneered by financial institutions, but corporations now also apply ALM techniques. In banking, asset and liability management is the practice of managing...