Tag: calculator

What is 'Calculation Agent' An entity that determines the price of an investment product such as a swap. A calculation agent calculates...

DefinitionA variable-rate mortgage, adjustable-rate mortgage, or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an...

Definition A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows...

DefinitionIn mathematics, the geometric mean is a mean or average, which indicates the central tendency or typical value of a set of numbers by...

DefinitionThe Gann angles are named after W. D. Gann, a 20th-century market theorist. Gann described the use of the angles in the stock market...

What is a 'Take-Home Pay' Take-home pay is the money that an employee actually receives from working after employment taxes and the...

DefinitionDebt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. This commonly refers to a...

DefinitionA mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...

What is 'Early Amortization' A type of credit enhancement used in certain asset backed securities (ABS). Early amortization is an accelerated payment...

DefinitionThe time value of money is the greater benefit of receiving money now rather than later. It is founded on time preference. Time Value...