Tag: interest
Uncovered Interest Arbitrage
DefinitionUncovered interest arbitrage is an arbitrage trading strategy whereby an investor capitalizes on the interest rate differential between two countries. Unlike covered interest arbitrage,...
U.S. League Of Savings Institutions
What is 'U.S. League Of Savings Institutions' A now-defunct nationwide organization of savings institutions. The U.S. League of Savings Institutions was created...
Economic Cycle
DefinitionThe business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its...
UCC-1 Statement
What is 'UCC-1 Statement' One of the standard mortgage documents listed in the Uniform Commercial Code. The UCC-1 Statement lists and describes...
Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses (EBITDAX)
What is 'Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses - EBITDAX' Earnings before interest, taxes, depreciation, depletion, amortization and...
Credit Card
DefinitionA credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on...
Earnings
The amount of money that a company generates during a specific time period is called as ‘earnings’. This amount of money, to put it...
Home Mortgage
DefinitionA mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...
Inflation
Inflation is well defined as a sustained increase in the general level of prices for goods and services wherein the purchasing power falls. It...
Premium Definition
Premium, in the simplest of terms, is the total cost of any option. It is basically the sum of your option’s time and intrinsic...