EXECUTORY CONSIDERATION
An as yet unfulfilled promise made for some consideration. Refer to executed consideration.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An as yet unfulfilled promise made for some consideration. Refer to executed consideration.
An external, independent variable having affect on a model, but not affected by the model. The model builder specified the variable but set no qualitative characteristics or value generation method. An exogenous
A theory of INTEREST RATES indicating that the expectations of investors influence the TERM STRUCTURE of rates. Thus, if investors expect future rates will be higher than current rates, the YIELD CURVE
A method of economic forecasting. The technique of adding consumption, government spending, investment and exports together as a measure of gross domestic product (GDP).
Primary credit-reporting bureaus. One of the three best known.
Commentary that is made to clear up a subject to make linkages clear in a concept. Refer to definition and description.
An allowance for domestic companies to export.
Group policy rule that pays life insurance benefits if the insured party is disabled from the time premiums are not paid until that person dies. It is also paid if the person
The loss of growing interest rates that slows the rate of principal payments on loans.
The party that influences or is influenced by a company but is not a member.
Predicting an unknown from the known data. It uses history and the current population to predict growth. If the current situation is stable it is a good prediction method. Refer to interpolation.
A US banking entity, owned by a state or nationallychartered BANK, with an international business scope. Edge Act banks are authorized to operate interstate branches, accept DEPOSITS from offshore sources, invest in
A portfolio with a certain level of risk yielding its highest return possible. Known also as an optimal portfolio.
Company response to a price change for an input substitute. To what degree can two inputs substitute for each other, based on price changes. Measured as a ratio; scale of change in
Area where an object experiences a force or the effect of electromagnetic radiation (EMR). Typically experienced around electromagnetic devices and power lines.
Recording, classifying, manipulating, and summarizing data, using computers. Known also as Automatic data processing, data processing, or information processing.
Involves written information handled through digital media (diskettes, CDROMs, DVDs, portable document files (PDF)), or online over the internet or other networks. Encompasses the entire process of bringing information from concept to
A large institutional client, such as a PENSION FUND, MUTUAL FUND, HEDGE FUND, CORPORATION, or sovereign entity, that financial institutions court in order to generate NEW ISSUE, CORPORATE FINANCE, or investment advisory
Shortterm financial instruments (such as GOVERNMENT BILLS, CERTIFICATES OF DEPOSIT, BANKER
A method that calculates asset value when added to future revenue of the policy. It is used to assess the value of a life insurance policy. A point-in-time calculation.