VARIABLE RATE DEMAND OBLIGATION (VRDO)
Debt security with floating interest rate adjusted regularly and redeemed when a rate changes. Also known as low floater, variable rate demand note, variable rate demand bond.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Debt security with floating interest rate adjusted regularly and redeemed when a rate changes. Also known as low floater, variable rate demand note, variable rate demand bond.
Policy for life insurance featuring variable and universal life insurance. Allows policy owners to have benefits of life insurance for beneficiaries while using life insurance as a tool of savings and investment.
Change of output or result that becomes inevitable over time as systems will always vary.
Departing from precise trust agreement terms.
A safe and secure area in financial institutions for storing money and valuables.
Abnormal behavior of a market where higher priced goods are bought even though lower priced substitutes are available.
Set of numbers or elements arranged in a table as rows and columns.
Computer graphics that are not pictures and unlike raster graphics are represented by mathematical equations as geometric shapes.
Economic strength measurement estimating the times a single dollar will change hands over a period of time.
Rate that money circulate at, turns over and changes hands. High velocity equals high number of transactions. Also known as velocity of circulation.
Graphic image on light sensitive paper that is able to be copied photographically, manipulated and then transferred to a plate for printing. Also called Photomechanical Transfer, PMT, and replacing it is Lion
Electronic machine that dispenses products when money is put it into it.
Replacing inventory where a supplier monitors stock or employees get stock information from customers.
New trail order after a mistrial is called.
Mapping diagram of overlapping circles showing the relationship between items.
Adam Smith theory proposing that greater economic resources are used in international trade than through national trade.
Private, semi-government or government company providing growth equity or start-up capital for venture showing promise of higher returns than market rates of interest.
Private investor offering capital to business ventures with promise. See adventure capitalist and angel investor.
Plan written by an entrepreneur showing how they manage and direct a new business to get to certain goals.
Releases of the same item with changes made along the way.
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