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Basel

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.18 sec.
Ba·sel  (bäzl) also Basle (bäl)
A city of northern Switzerland on the Rhine River. It is one of the oldest intellectual centers in Europe. Population: 163,000.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.Basel - a city in northwestern Switzerland
Schweiz, Suisse, Svizzera, Swiss Confederation, Switzerland - a landlocked federal republic in central Europe
Translations
Basel [ˈbɑːzəl] nBasilea


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Basel II-the regulatory framework accepted by the Basel Committee of the Bank for International Settlements--has made a positive impact in the banking industry as far as risk management and capital adequacy regulations are concerned.
Basel II is important to any business whose profitability is linked to cost of funds provided by banks.
implementation of the "International Convergence of Capital Measurement and Capital Standards: A Revised Framework," otherwise known as Basel II.
 
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