What is an 'Imputed Interest' Imputed interest is used by the Internal Revenue Service (IRS) as a means of collecting tax revenues on loans or securities that pay little or no interest. Imputed interest is important for...
DefinitionAsk price, also called offer price, offer, asking price, or simply ask, is the price a seller states they will accept. Offering Price What is an 'Offering Price' An offering price is the price at which publicly...
What is 'Offering' The issue or sale of a security by a company. It is often used in reference to an initial public offering (IPO) when a company's stock is made available for purchase by the public...
What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside the United States. The term is often used, perhaps incorrectly, to describe a fund that...
DefinitionThe time value of money is the greater benefit of receiving money now rather than later. It is founded on time preference. Time Value of Money Time value of money is a concept according to which the value money...
What is 'Abu Dhabi Investment Authority - ADIA' A government-owned investment organization that manages the sovereign wealth fund for Abu Dhabi, United Arab Emirates. According to the Sovereign Wealth Fund Institute's rankings, the ADIA sovereign wealth fund...
Home Ownership by Country Vendor Take-Back Mortgage What is a 'Vendor Take-Back Mortgage' A vendor take-back mortgage is a type of mortgage in which the seller offers to lend funds to the buyer to help facilitate the...
DefinitionThe government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax revenues from certain oil and gas companies accumulate this fund. The list of oil and...
What is 'Underinsured Motorist Coverage Limits Trigger' One of the two triggers that can be specified by an insured party to protect against losses caused by an accident with a driver who has insufficient insurance. The underinsured...
What is a 'Dealer' A dealer is a person or firm in the business of buying and selling securities for their own account, whether through a broker or otherwise. A dealer is defined by the fact that...