Tag: interest
Yankee Certificate Of Deposit
What is 'Yankee Certificate Of Deposit' A certificate of deposit issued by a foreign bank in the United States. As they usually...
E-Micro Forex Futures
What is 'E-Micro Forex Futures' Currency futures contracts traded on CME Globex that are one-tenth the size of standard Forex futures. Currency...
Occupancy Fraud
What is 'Occupancy Fraud' A type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner...
Qualified Acquisition Cost
What is Qualified Acquisition Cost
Qualified Acquisition Cost (QAC) is a measure of the costs incurred by a company to acquire or develop new products...
C-Note – What is a C Note Money
What does a C note mean and where does the term come from
A C-note is a common slang term for a $100 bill. The...
Back Charge
What is 'Back Charge' A billing made to collect an expense incurred in a previous billing period. A back charge may be...
C-Share
What is C-Share and how does it work
C-share is a type of mutual fund that allows investors to share in the unrealized gains or...
Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies
What is 'Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies' Market capitalization weighted indicies designed by Wachovia to measure the performance of the...
Z-Bond
What is 'Z-Bond' The final tranche in a series of mortgage-backed securities that is the last one to receive payment. Used in...
CAGR – Compound Annual Growth Rate
The Compound Annual Growth Rate (CAGR) is a financial term that measures the annual rate of growth of an asset over a given time...