GUARANTEED MORTGAGE CERTIFICATE (GMC)
A mortgage bond that passes through the Freddie Mac purchasing process. It is resold to investors. Incremental principal is sold and interest is paid semianually. Principal is paid annually.
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A mortgage bond that passes through the Freddie Mac purchasing process. It is resold to investors. Incremental principal is sold and interest is paid semianually. Principal is paid annually.
Words printed on the top of a page in a reference work to help the reader find a word they are looking for. It is on the left or right hand page.
Gaia is the ancient Greek goddess of the Earth. A metaphor, a concept, not a proven fact, that our Earth is an aware, self-regulating entity (giant cell?) that adjusts to changes and
Rate of option delta changes to the price change of an underlying asset. Positive gamma means the trading position has positive convexity. Positive convexity means an increase in the value of the
Tax on vehicle total purchase price if fuel efficiency is less than 22.5 miles per gallon. Typically paid by the automobile manufacturer or importing dealership. Likely passed on to the buyer somehow.
A ratio of individual consumer spending over total population products and services consumption.
Now largely replaced by (refer to) relevant institute cargo clause, it is a provision to share risk, damages and expenses incurred in proportion to the value of exposed cargo. It is a
Covers any obligation incurred by the guarantor. Enforced by anyone to fulfill an obligation as a written undertaking.
Differences between older and younger age groups. Technological advances often widened these gaps. Opinions, tastes, beliefs, and other social and cultural norms are the basis of these differences.
The unique characteristics of a person’s DNA are identified for forensic or diagnostic purposes by using this biotechnology. Known also as genetic fingerprinting.
Typically, generating electricity from running turbines of a conventional power plant using superheated water or steam from earth’s interior. Often the needs of a local community are covered because these plants are
Equivalent to: 3.41 billion British thermal units (Btu) or 3.6 terajoules or one thousand megawatt hours or one billion (10^9) watt hours. A unit of electrical energy.
A small error or nuisance malfunction. Though small, this error can impact an entire operation, preventing smooth, efficient execution. More of a techie term. For example, font color of a web page
A supplier must charge the same price to customers by contract for the delivery of parts and services around the world. this practice very popular due to the benefits from worldwide price
Anything exceeding demand. Typically, decreases market price.
Transitioning to a closely-held private firm from a public firm with outstanding shares by repurchase of all said shares, taking itself off the open market.
To compensate for loss of office after a takeover or merger, a huge bonus and/or a lucrative contract or a stockholding (shareholding) in the new setup is offered to a director or
Google, Inc. advertising program. A popular method with low start-up costs and high potential profits for the site owners. A company displays its ads on a Google website. Uses the pay-per-click basis
Graduate school applicants testing determines abstract thinking aptitude. Analytical writing, mathematics and vocabulary are sections of this test.
Architectural planning of the images, patterns, layouts, and other image devices organized into a coherent, distinctive layout and format that will convey what is wanted in a way to allow printing or
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