Tag: interest
PL Statement
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Financial ratios as a means of forecasting bankruptcy - www.jstor.org Testing...
Obligation Bond
What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....
Yankee Bond
What is a 'Yankee Bond'
A Yankee bond is a bond issued by a foreign entity, such as a bank or company, but is issued...
FED Pass
What is 'FED Pass' An action taken by the Federal Reserve that looks to increase the availability of credit by moving additional...
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for...
It is a 401k?
A 401k plan is a retirement plan that is available through an employer. It allows you to save and grow your nest egg using...
B-Note
What is 'B-Note'
The secondary tranche in a commercial mortgage-backed security. B notes are a component of A/B financing or A/B/C financing. They have a...
FICO Score
FICO score is one to the measures that are used by the lenders to assess the credit risk of an applicant, and then decide...
Wage Assignment
What Is a Wage Assignment?
A wage assignment is an agreement in which an employer assigns its right to a certain amount of wages to...
What are Fixed Interest Rates
What are Fixed Interest Rates There are several factors involved when you obtain a loan. For instance, when you look for a mortgage,...