Tag: direct

Canadian Derivatives Clearing Corporation (CDCC)

What is 'Canadian Derivatives Clearing Corporation - CDCC' The central clearing counterparty for exchange-traded derivative products, such as options and futures, in...

Payday Loans

DefinitionA payday loan is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." The loans are...

Quid Pro Quo

What is 'Quid Pro Quo' A Latin phrase meaning "something for something". This term is typically used in financial circles to describe...

Variable Cost-Plus Pricing

What is 'Variable Cost-Plus Pricing' Variable cost-plus pricing is a pricing method in which the selling price is established by adding a...
Variable Overhead Efficiency Variance

Variable Overhead Efficiency Variance

How Does Variable Overhead Efficiency Variance Affect Your Overhead Rate? There are two forms of overhead rate variation: Fixed overhead rate variance and Variable Overhead...

Variable Cost

What is a 'Variable Cost' A variable cost is a corporate expense that varies with production output. Variable costs are those costs...
Variable Overhead Spending Variance

Variable Overhead Spending Variance

What is a Variable Overhead Spending Variance A variable overhead spending variance is the difference between the actual amount of variable overhead incurred and the...

Variable Overhead

What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...

Federal Direct Student Loan Program (FDSLP)

What is 'Federal Direct Loan Program ' A program that provides low-interest loans to postsecondary students and their parents. The William D....

Take-Out Lender

What is 'Take-Out Lender' A type of financial institution that provides a long-term mortgage on property. This mortgage will replace interim financing,...

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