Tag: interest
Jarrow Turnbull Model
DefinitionThe Jarrow–Turnbull credit risk model was published by Robert A. Jarrow of Kamakura Corporation and Cornell University and Stuart Turnbull, currently at the University...
John R. Hicks
Who was John Hicks?
John Hicks was a British economist who was awarded the Nobel Prize in Economics in 1972. He is best known for...
Japanese Government Bond (JGB)
What is 'Japanese Government Bond - JGB' A bond issued by the government of Japan. The government pays interest on the bond...
Johannesburg Interbank Agreed Rate (JIBAR)
What is 'Johannesburg Interbank Agreed Rate - JIBAR' The money market rate that is used by South Africa. The rate comes in...
John Maynard Keynes
DefinitionJohn Maynard Keynes, 1st Baron Keynes, was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies...
Targeted Amortization Class (TAC)
What is 'Targeted Amortization Class - TAC' A type of credit derivative that is similar to a planned amortization class (PAC) in...
Joint Owned Property
What is joint ownership of property
Joint owned property refers to a situation in which two or more individuals own an asset together. There are...
Joint Bond
What is 'Joint Bond' A bond that is guaranteed by a party other than the issuer. A joint bond is an issue...
Unbiased Predictor
What is 'Unbiased Predictor' The notion that the current market price of a physical commodity (its cash price or currency) will be...
Idle Funds
What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...