Category: H

A federal law that protects homeowners from practices and mortgage industry.The homeowners pay for the PMI after the coverage is needed. The rights are disclosed. AKA PMI cancellation act.

Diversifying a firm to get new products that are different than their usual wares. It gets a different type of customers interested.

An optional rider in a disability policy. The normal elimination period is insured is admitted as an inpatient.

A computer component that can be removed without shutting down the system. AKA hot pluggable.

The idea that a new asset is used for half the year. It shows how depreciation, tax earnings, and annual earnings related to taxation.

An investor with many shares that doesn’t question the management. They are passive but can change if they become concerned and intervene.

Direct payments made by clients to financial institutions for services rendered. In commercial banking a client may pay a fee for a credit facility; in securities a client may pay brokerage commissions

The mean of positive variables. It divides the observations and the reciprocal of each number.

A hot rolled steel beam.It has a h shaped cross section used in piling and retaining walls.

When an emplpyer and insurer make a specific deal on a plan.

A craft made to load and unload cargo. Ships have cranes on them for ramps or can use semisubmersible tools to do the operatoins. It can haul upto 100 tons.

Something kept in custody or storage to satisfy a condition.

The cross currency risk when working hours of the banks to not meet due to time zones. It can cause a chain of cross defaults if business is not handles in a

A pyramid like organization when a person controls an area with subordinates. Higher levels are more powerful and control underlings.

A low carbon steel that has little molybdenum, niobiom, titanium, or vanadiu. AKA hight strength alloy stell, high strength low alloy steel.

Items with high value and cost like jewelry and electronics. They are insurable and extra insurance may be needed.

A contract a dealer uses to sell secirites to the highest bidder from another dealer. Compare this term to take the offer.

The percent of audience that has seen or heard the program after the one they were watching. AKA inherited audience.

A second mortgage the borrower gets to prevent default. The first is paid before the second. AKA home equity debt.

The part of a home’s value that is exempt from taxes. It reduces the tax burden on the tax payer. It is only for primary residence.