Tag: debt
Validation Period
What is 'Validation Period' The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost...
EBITDA To Fixed Charges
What is EBITDA and how is it calculated
EBITDA is an acronym that stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a...
A-Credit
What is 'A-Credit' The highest credit grade available as assigned to a borrower by a lender. Lenders use a credit grading system...
OTC
Over-the-counter (OTC) refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded...
Qualified Acquisition Cost
What is Qualified Acquisition Cost
Qualified Acquisition Cost (QAC) is a measure of the costs incurred by a company to acquire or develop new products...
MAD
What is 'MAD' In currencies, this is the abbreviation for the Moroccan Dirham. Explaining 'MAD' The currency market, also...
Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies
What is 'Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies' Market capitalization weighted indicies designed by Wachovia to measure the performance of the...
Baby Bond
What is 'Baby Bond' Fixed income securities issued in small denominations, generally with a maximum face value of $5,000. The small denominations...
Face Value
What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...
Qualification Ratio
What is 'Qualification Ratio' Ratio of debt to income and housing expense to income that is used by mortgage lenders to determine...