Tag: borrow

Hard-To-Borrow List

What is a Hard-To-Borrow List A hard to borrow list is inventory utilized by brokerages to identify securities that are not available for borrowing for...

Home Equity Loan

DefinitionA home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The...

Back-to-Back Loan

DefinitionA Back-to-back loan is a loan agreement between entities in two countries in which the currencies remain separate but the maturity dates remain fixed....

Compound Interest

DefinitionCompound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It...

Currency Carry Trade

Currency carry trade refers to a strategy that is used by investors to sell currencies with low interest rates and purchase currencies with a...

Passbook Loan

What is 'Passbook Loan' A personal loan extended to a savings-account holder by the custodial bank. Passbook loans use the balance of...

Quality Spread Differential (QSD)

What is 'Quality Spread Differential - QSD' The term 'quality spread differential', or QSD, refers to the difference between the price of a low-quality commodity...

Federal Discount Rate

What is the 'Federal Discount Rate' The federal discount rate is the interest rate set by the Federal Reserve on loans offered...

General Agreements To Borrow (GAB)

What is 'General Agreements To Borrow - GAB' A borrowing/lending medium for members of the Group of Ten. Members of the lending...

Take-Out Loan

What is a 'Take-Out Loan' A type of long-term financing (usually) on a piece of real property. Long-term take-out loans replace interim...

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