Tag: credit

Vacation Home

What is 'Vacation Home' A dwelling other than the owner's primary residence that is used for recreational purposes, like vacations (hence the...

Obligation

What is an 'Obligation' An obligation in finance is the responsibility to meet the terms of a contract. If an obligation is...

AAA

What is 'AAA' AAA is the highest possible rating assigned to an issuer's bonds by credit rating agencies. An AAA-rated bond has...

ABCD Counties

What is 'ABCD Counties' Categories of U.S. counties devised by AC Nielsen Company that are based on U.S. Census Bureau population data...

Macro Risk

What is 'Macro Risk' A type of political risk in which political actions in a host country can adversely affect all foreign...

FDIC Insured Account

What is 'FDIC Insured Account' An account that meets the requirements to be covered or insured by the Federal Deposit Insurance Corporation...

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