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...
DefinitionThe government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax...
What is 'Underinsured Motorist Coverage Limits Trigger' One of the two triggers that can be specified by an insured party to protect...
What is a 'Dealer' A dealer is a person or firm in the business of buying and selling securities for their own...
What is ‘Tangible Cost'
A quantitative expense that can be traced back to a specific source or item. Tangible costs are expenditures incurred as a...
DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...
What is a 'Lagging Indicator' A lagging indicator is a measurable economic factor that changes only after the economy has begun to...
What is 'Backing Away' Failure by a market maker in a security to honor the quoted bid and ask prices for a...
DefinitionA pass-through certificates is an instrument that evidences the ownership of two or more equipment trust certificates. In other words, equipment trust certificates may...
Qualifying Domestic Trust (QDOT) What is 'Qualifying Domestic Trust - QDOT' A type of trust that allows taxpayers who are not...