Category: Finance Dictionary

Interest rate charged for refinancing. Its higher than an old rate but lower than the current one. It is an incentive to refinance instead or repayment.

A sample that is chosen in a sequential order. When the first account is chosen the amount of the rest is automatically chosen.

A large corporation with solid earnings and payments. They succeed in good and bad times and still manage to grow. Japan calls this first section.

The font used in the text for any printed item. The headline and subheadings are not included. Serif fonts are commonly used in size 9-12 points.

A program that gives negative bonus for a poor job done. If an employee doesn’t meet objectives they are fined. Its not a popular motivation system.

Two commercials that are similar. One is played at the start and ed of a commercial break. It helps increase recall.

(1) Any OVERTHECOUNTER OPTION where PREMIUM is paid at maturity rather than trade date. (2) See BREAK FORWARD.

Move quickly away from a surface after hitting it; rebound

Defined as relative possibility of customer shifting to another brand in case there is a change in product

The difference between the value of the remaining loan repayments at the original fixed rate and their value at the present market rate.

Insurance coverage for the damage, theft or loss of bred animals. A breeder’s insurance policy may also cover veterinary bills for animals in the event of illness or accident, as well as

Refer to very high rate digital subscriber line.

A Bridge Router or brouter is a network device that works as a bridge and as a router. The brouter routes packets for known protocols and simply forwards all other packets as

A meeting that is usually open to the general public to discuss a business or government budget. Individuals from the community can openly ask questions and they will be answered by the

The first row of seats beyond a wall or divider. And, in most cases, they do provide extra legroom.

The bundle of rights is a common way to explain the complexities of property ownership. Teachers often use this concept as a way to organize confusing and sometimes contradictory data about real

The Big Mac Index is published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which

A part of the an enterprise architecture related to architectural organization of business, and the documents and diagrams that describe that architectural organization. People who help build business architecture are known as

Protection of goods and business assets against robbery and embezzlement.

The cost of qualified business gifts is deductible to a maximum of $25 per year per client or customer. The $25 limit does not apply to promotional items costing $4 or less