DEFINITION of 'International Banking Facility - IBF'. A facility that allows depository institutions in the United States to offer deposit and loan services to foreign residents and institutions, while being exempted from reserve requirements imposed by the Federal Reserve and some state and local income taxes.
Top 10 unbelievable historical concurrencies. A populist is a person who subscribes to the political philosophy of populism, which is in favor of supporting the rights of the masses and giving power to the people in the struggle against the privileged upper class.op 10 unbelievable historical concurrencies. A populist is a person who subscribes to the political philosophy of populism, which is in favor of supporting the rights of the masses and giving power to the people in the struggle against the privileged upper class.
(ËpÉp yÉËlÉªz Ém) n. 1. the political philosophy of the Populist or People's Party. 2. (l.c.) an egalitarian political philosophy or movement that promotes the interests of the common people. 3. (l.c.) representation or celebration of the views, interests, etc., of the common people.