Tag: interest
Sallie Mae (Student Loan Marketing Association)
What is 'Sallie Mae - Student Loan Marketing Association' Sallie Mae is a publicly traded company that is the largest provider of...
Savings Bond Plan
What is 'Savings Bond Plan' A program that allows employees to purchase U.S. savings bonds, such as the Series EE and Series...
Bad Credit
DefinitionBad Credit was a comedy hip hop duo based out of San Diego, California which lasted from 2002 to 2008, fronted by musicians and...
Macroeconomic Factor
What is a Macroeconomic Factor
A macroeconomic factor is a broad concept used in economics to describe anything that could affect the economy as a...
Savings Rate
What is a 'Savings Rate' A savings rate is the amount of money, expressed as a percentage or ratio, that a person...
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....
Back Stop
What is a 'Back Stop' A back stop is the act of providing last-resort support or security in a securities offering for...
Backwardation
DefinitionNormal backwardation, also sometimes called backwardation, is the market condition wherein the price of a commodities' forward or futures contract is trading below the...
Back Taxes
DefinitionBack taxes is a term for taxes that were not completely paid when due. Typically, these are taxes that are owed from a prior...
Basis Point
DefinitionA basis point is one hundredth of a percent or equivalently one ten thousandth. The related concept of a permyriad is literally one part...