|1%/10 Net 30
1%/10 net 30 represent payment terms for a commercial transaction. more...
|11th District Cost of Funds Index
The 11th District Cost of Funds Index (COFI) is a more...
144a is an SEC rule that modifies the two year more...
The 72 rule is a formula that calculates how long more...
Abatement refers to a reprieve from or reduction in a more...
|Accommodative Monetary Policy
An accommodative monetary policy is an effort by the U.S. more...
Account, in its simplest bookkeeping form, is a record of more...
Account balance is a net figure that refers to the more...
In the financial industry account executive is an employee of more...
Account reconciliation is a banking term referring to the process more...
An account statement is a document that provides information about more...
Accrued interest is the interest that is due on a more...
ACH, an abbreviation for Automated Clearing House, is a networked more...
Acquisition cost is the pretax amount of money it costs more...
An actuary is a business professional specializing in the statistical more...
|Adjustable Life Insurance
Adjustable life insurance is a form of life insurance that more...
|Adjustable Rate Mortgage
An adjustable rate mortgage (ARM) is a type of mortgage more...
An adjustable-rate mortgage (i.e. ARM) is a mortgage on a more...
Alan Greenspan is a former Chairman of the United States more...
Although the term analyst can be associated with a broad more...
To annualize is to take an item measured for a more...
An annuity is an investment related product designed to provide more...
APR stands for Annual Percentage Rate. APR is a measure more...
APY is short for annual percentage yield. The APY more...
|Arm's Length Transaction
An arm's length transaction is a transaction, often between two more...
Arms Index is a mathematic market meter designed to communicate more...
Asset management can refer to the primary activity of a more...
An asset-backed security (ABS) is a bond backed by a more...
The asset/equity ratio shows the relationship of the total assets more...
|Assets Under Management
An important measure of the size of a fund or more...
An audit is an objective process that involves evaluating and more...
An auditor is an individual qualified at the state level more...
|Automated Clearing House
Automated clearing house (ACH) is the system administered by the more...
In accounting, the balance of an account is defined as more...
A balloon loan is any loan that has one final more...
A balloon payment is the final installment payment for what more...
A bank is a financial institution that accepts deposits and more...
A bank draft is a written order in the form more...
|Bank Holding Company
A bank holding company is a company that owns or more...
To be bankrupt is to be insolvent, or in bankruptcy. more...
Bankruptcy refers to the filing of a petition with the more...
A bridge loan is a temporary source of financing intended more...
|Broker Loan Rate
The broker loan rate, also known as the call money more...
A business plan defines a business and its goals. more...
A buyout is an investment transaction in which a company more...
The Canadian dollar is the currency of Canada. Canada more...
A cancelled check is a check that has been approved more...
Cash consists of paper currency and coins. In the more...
Cash equivalents are investments that are so liquid and so more...
A company's cash reserves are the funds available to meet more...
Generally, casualty insurance is a type of indemnity that provides more...
A CD, or Certificate of Deposit, is a savings instrument more...
|CDR Counterparty Risk Index
The CDR counterparty risk index is a measure of credit more...
A central bank is fundamentally a chief bank of a more...
|Certified Financial Planner
Certified Financial Planner, or CFP, is a financial professional who more...
|Certified Public Accountant
A Certified Public Accountant (CPA) is a person licensed by more...
CFA stands for Chartered Financial Analyst, a professional designation given more...
CFO, or Chief Financial Officer, is senior corporate officer with more...
CFP is short for certified financial planner, which is a more...
|Chairman of the Board
The Chairman of the Board is a senior corporate figure more...
Chapter 11 is a section of the US Bankruptcy Reform more...
Chapter 13 is a provision in U.S. bankruptcy law under more...
Chapter 7 is a section of the US Bankruptcy Code more...
A charge card is the physical card that records an more...
|Chartered Financial Analyst
A Chartered Financial Analyst (CFA) is an investment professional who more...
A checking account is an account at a depository institution more...
Most generally, closing costs is associated with a cost of more...
The closing price of a stock is the price of more...
|Collateralized Debt Obligations
Collateralized debt obligations (CDO) are a form of an asset-backed more...
A commercial bank is a financial intermediary which collects credit more...
A commercial loan is a loan borrowed by a company more...
A commercial mortgage is a mortgage which is secured by more...
Commercial paper is a debt instrument issued by well-established companies more...
|Compound Growth Rate
The compound growth rate measures average growth of an amount more...
Compound interest is the payment of interest on both principal more...
A conforming loan is a residential mortgage that is eligible more...
When a person seeks to consolidate loans, he/she is essentially more...
|Consolidated Financial Statement
A consolidated financial statement presents the financial position or results more...
Consolidation loan is a type of loan that encompasses a more...
|Constant Dollar GDP
Constant dollar GDP is gross domestic product adjusted for price more...
Constant dollars are dollars that have been adjusted for the more...
A conventional mortgage is a fully amortizing mortgage. The more...
Cost basis reflects the true cost of purchasing a financial more...
|Cost of Equity
The cost of equity is the minimum rate of return more...
Counterparty risk refers to the risk of default of one more...
A coupon refers to the annual interest rate a bond more...
A CPA, the common acronym for Certified Public Accountant, is more...
A credit card is the small plastic card issued to more...
A credit crunch happens when banks are reluctant to loan more...
|Credit Default Swap
A credit default swap is a credit derivative. A more...
Credit history is generally a temporal record of repaying debt. more...
A credit limit is the explicit borrowing ceiling set by more...
A credit rating refers to the capability of companies to more...
A credit report is a detailed synopsis of information collected more...
A credit score is a value computed by a credit more...
A credit spread is an option strategy implemented by the more...
A credit union is a member-owned and controlled, financial cooperative more...
A creditor is a person or entity that is owed more...
|Current Market Value
The current market value of a stock is its most more...
Current ratio is balance-sheet financial performance measure of company liquidity. more...
Current yield is equal to a bond's annual interest payment more...
CUSIP is an abbreviation for Committee on Uniform Securities Identification more...
A dealer is an individual or entity that buys and more...
Death benefit is the sum amount paid by the insurance more...
A debit is a bookkeeping entry that results in the more...
A debit card is a plastic card that resembles a more...
In business, a debt is an obligation of one party more...
Debt capital is funds supplied by lenders that is part more...
Debt consolidation is the replacement of several small debts with more...
|Debt Consolidation Program
A debt consolidation program is a program in which several more...
Debt financing refers to the borrowing of funds in order more...
A debt instrument is a contractural or written assurance to more...
A debt limit is the maximum amount of debt which more...
The debt market is the market for trading debt securities. more...
For a company, the debt ratio indicates the relationship between more...
A debt security is a written agreement to repay a more...
Debt service refers to the series of payments of principal more...
|Debt Service Coverage
The debt service coverage ratio calculates the amount of cash more...
|Debt to Equity Ratio
The debt to equity ratio measures the portion of the more...
The debt/asset ratio measures the ratio of the company's assets more...
The debt/equity ratio is a capitalization ratio. The debt/equity more...
A debtor is a person or entity that is owes more...
Default can be generally defined as a failure of a more...
Default risk is the risk born by a creditor that more...
Deleveraging is the unwinding of debt. Companies use leveraging more...
The term delinquent refers to a person or business entity more...
A demand deposit is a type of financial account that more...
Deposit has two distinct meanings. Meaning one is applied more...
A deposit slip is a written form of notification that more...
Depositary Receipt (DR) was created in 1927 to aid US more...
Devaluation is the reduction in value of a currency, relative more...
Digital money is money transmitted in electronic form to pay more...
Direct deposit is a program in which a payment is more...
Disability insurance is an insurance policy that pays supplemental income more...
A discount loan is a loan that does not require more...
A dividend clawback is an incentive for investors to keep more...
A down payment is the amount paid in advance of more...
A downgrade is a reduction in the rating awarded a more...
|Dual Life Insurance
Dual life insurance is a unique form of life insurance more...
Dutch auction, started in Netherlands' farms, is a descending price more...
EDGAR stands for the Electronic Data Gathering, Analysis, and Retrieval more...
|Electronic Funds Transfer
Electronic funds transfer, or EFT, is a system for transferring more...
|Equity Line of Credit
Equity line of credit, also known as home equity line more...
|Equity Loan Rates
Equity loan rates are the interest rates charged on equity more...
An equity REIT is a company which owns a portfolio more...
In contract law, escrow is a legal arrangement whereby an more...
An escrow account is an account designated to hold escrow more...
EURIBOR stands for the Euro Interbank Offered Rate. EURIBOR more...
The Euro (€) is the currency of 12 countries of more...
Eurodollars are large US Dollar deposits that are made in more...
Exchange rate is a price or ratio at which one more...
|Exchange Rate Risk
Exchange rate risk is the risk that a position will more...
Fannie Mae, or the Federal National Mortgage Association, is one more...
The FDIC, or Federal Deposit Insurance Corporation, is an independent more...
The Fed Chairman is the Chairman of the Board of more...
|Fed Funds Rate
The Federal Reserve Board has the power to influence the more...
|Federal Home Loan Mortgage Corporation
The Federal Home Loan Mortgage Corporation (FHLMC) is a public more...
|Federal National Mortgage Association
The Federal National Mortgage Association, or Fannie Mae, is one more...
|Federal Reserve Bank
The Federal Reserve Bank is a federal entity that performs more...
|Federal Reserve Board
The Federal Reserve Board is the Board of Governors of more...
|Federal Reserve Discount Rate
The Federal Reserve discount rate is the interest rate charged more...
|Federal Reserve Requirement
The federal reserve requirement is the amount of liquid assets more...
|Federal Reserve System
In the United States, the Federal Reserve System was established more...
An FHA loan is a loan insured by the FHA, more...
Fiat money is currency that cannot be redeemed for a more...
A FICO score is a credit score derived from the more...
A finance charge is any charge levied for the use more...
Finance company is an organization that originates loans for both more...
Financial analyst is a finance professional who studies and reports more...
A financial planner is a professional who analyses individual financial more...
A fixed-rate mortgage, or FRM, has a fixed interest rate more...
|Flat Yield Curve
A flat yield curve has a small spread between short more...
|Foreign Exchange Rate
A foreign exchange rate is the price of one currency more...
|General Obligation Bond
A general obligation bond is a municipal bond backed by more...
Ginnie Mae stands for the Government National Mortgage Association. more...
The Glass-Steagall Act is a landmark bill in Federal banking more...
Gold bullion refers to a bulk quantity of gold. more...
A gold standard is a monetary system in which a more...
The Gramm-Leach-Bliley Act is a federal banking and securities law more...
A high-ratio mortgage is one with a high LTV, or more...
Home equity is the difference between a home's value and more...
|Home Equity Debt
Home equity debt is a loan that is secured by more...
|Home Equity Line of Credit
A home equity line of credit is a credit line more...
|Home Equity Loan
A home equity loan is a broad term for credit more...
|Home Equity Loan Rate
A home equity loan rate is the interest rate on more...
|Home Equity Loans
Home equity loans are a type of loan that is more...
|Home Loan Refinancing
Home loan refinancing is the process of paying off a more...
Homeowner's insurance is a type of insurance policy that indemnifies more...
Hyperinflation is the extremely rapid escalation of prices (typically more more...
An item of value is in escrow when that item more...
Institutional shares are a class of shares made available by more...
An insurance agent is an individual approved by the state more...
An insurance broker is a professional that helps consumers and more...
An insurance claim is an official request submitted to the more...
An insurance examiner is a professional charged with inspecting and more...
An insurance policy is essentially a contract between the insurer more...
Insurance premium is simply an amount of money paid for more...
An insured mortgage is a mortgage with an insurance policy more...
The interbank market refers to the market where banks make more...
An interest-only loan is any loan that is non-amortizing, at more...
In finance and business, an investment is an asset purchased more...
An investment adviser is someone who recommends the best ways more...
An investment bank is an institution that performs a variety more...
An investment company is a firm whose business is to more...
|Jarrow Turnbull Model
The Jarrow Turnbull Model is a model used to analyze more...
JMD is the three-character currency abbreviation for the Jamaican Dollar more...
Joint is a term that refers to two things being more...
Joint account is opened by two or more owners. The more...
|Joint and Several Liability
Under joint and several liability a plaintiff may recover full more...
|Joint and Survivor Annuity
A joint and survivor annuity is a type of insurance more...
|Joint Life Annuity
A joint life annuity is an insurance policy or contract more...
|Joint Tenancy with Right of Survivorship
In joint tenancy with right of survivorship, each party owns more...
A joint will is a type of legal agreement, in more...
A judgment lien is a court-ordered lien on a debtor's more...
A jumbo CD, or certificate of deposit, is a CD more...
A jumbo loan is a mortgage with a principal balance more...
Junior is a term that signifies that which is younger more...
Junior debt is a debt (such as a bond) that more...
Junior equity is equity that ranks lower than some other more...
Just title is any title that is free of claims more...
A keepwell agreement is a contract between a parent company more...
A keiretsu is a group of closely related Japanese companies, more...
|Key Person Insurance
Key person insurance, also known as key man life insurance, more...
Generically, a kicker is a condition that causes some kind more...
A killer bee is a party who helps a company more...
Kiting, or "floating," is a banking term that refers the more...
The investment banking firm that puts together the syndicate of more...
A lease is a legal contract that transfers the right more...
In law, legal tender is payment that by statute must more...
|Lender of Last Resort
A lender of last resort is a financial institution, such more...
|Letter of Credit
A letter of credit is a document a buyer requests more...
|Level Premium Insurance
Level premium insurance is a type of life insurance policy more...
|Level Term Insurance
Level term insurance is a type of term life insurance more...
Liability insurance is a form of protection against claims of more...
LIBOR stands for London Interbank Offered Rate. The British more...
A life annuity is an annuity that pays out periodic more...
Life insurance is a contract, according to which an insurance more...
|Life Insurance Quote
A life insurance quote is the estimated cost of a more...
|Line of Credit
A line of credit, also called a credit line, is more...
Liquidated damages are a payment agreed to by the parties more...
The liquidation value of a company is an estimate of more...
A liquidity ratio measures a company's ability to pay its more...
Loan stock is stock issued by a company in exchange more...
Margin rate has multiple financial meanings. The margin rate more...
|Money Center Bank
The term money center bank is used to describe the more...
Money flow is a tool used by technical analysts to more...
|Money Market Account
A money market account is a savings account that offers more...
In macroeconomics, the money supply is the amount of money more...
In law, the word mortgage technically means a pledge of more...
A mortgage banker is an individual or organization that lends more...
A mortgage bond is a debt obligation secured by a more...
A mortgage banker is an individual or organization that acts more...
Mortgage insurance is insurance covering the lender or other holder more...
|Mortgage Life Assurance
Mortgage life assurance is a policy designed to help pay more...
|Mortgage Life Insurance
Mortgage life insurance is a type of life insurance policy more...
The mortgage rate is the rate of interest paid on more...
A mortgage refinance occurs when a borrower pays down an more...
A mortgage-backed security (MBS) is a security based upon a more...
|Mutual Life Insurance Company
A Mutual life insurance company is a life insurance provider more...
In real estate, negative equity describes a situation where the more...
|Negative Yield Curve
A negative yield curve has short-term rates, or yields, higher more...
|Negotiable Certificate of Deposit
A negotiable certificate of deposit is a large denomination certificate more...
Nellie Mae is a wholly owned subsidiary of SLM corporation, more...
|Net Present Value
Net present value (NPV) is a method for evaluating the more...
Net worth is total assets minus its total liabilities. Put more...
A non-conforming loan is a mortgage that does not meet more...
Online banking is a service offered by banks that allows more...
|Permanent Life Insurance
Permanent life insurance is form of indemnity that offers extended more...
PMI, or Private Mortgage Insurance, is insurance that indemnifies a more...
Portfolio insurance is a strategy used to reduce risk and more...
In law, a promissory note is a contract that involves more...
Qualified Institutional Buyer (or QIB) is a legal designation assigned more...
A rating service is an organization that provides assessments of more...
In the US, the term regional bank is used to more...
The reserve requirement is the fraction of deposits that a more...
Retail banking is a banking service that is geared primarily more...
Retail lending is the practice of loaning money to individuals more...
An RIA is a Registered Investment Advisor. The term refers more...
|Run On The Bank
A run on the bank occurs when customers/institutions panic and more...
|Subprime Credit Card
A subprime credit card is a credit card designed for more...
A subprime loan is a loan given to a borrower more...
|Swap Transferring Risk With Participating Element
A Swap Transferring Risk with Participating Element or STRIPE is more...
A tax haven is a territory where a person or more...
|Tax-Free Savings Account
A tax-free savings account is a Canadian savings account that more...
|Term Life Insurance
Term life insurance is a form of life insurance that more...
|Term Life Insurance Quote
A term life insurance quote is an estimate of the more...
|Time Value of Money
Time value of money is the financial concept that deals more...
Transaction costs are costs incurred to complete a financial transaction. more...
A trust company is a firm, usually associated with a more...
|Umbrella Liability Insurance
Umbrella liability insurance is coverage for an individual or company more...
Undercapitalization is the condition that occurs when a business lacks more...
In finance the term underwater can have two distinct meanings. more...
An underwriter gives financial support and takes responsibility for paying more...
|Uniform Gift to Minors Act
The Uniform Gift to Minors Act creates a custodial vehicle more...
Universal life insurance is a life insurance policy which combines more...
A variable rate is an interest rate that may fluctuate more...
Wholesale banking can mean two different things. Sometimes wholesale banking more...
A wire transfer is simply an electronic transfer of funds. more...
A ZBA, or zero-balance account, is a type of checking more...
|Zero Balance Account
A zero balance account is a bank account with no more...