Tag: monthly
Waiver Of Premium For Payer Benefit
Waiver Of Premium For Payer Benefit What is 'Waiver Of Premium For Payer Benefit ' A clause in an insurance policy...
Qualifying Ratios
What is 'Qualifying Ratios' A set of ratios that are used by lenders to approve borrowers for a mortgage. The borrower's front-end...
Debt Consolidation
DefinitionDebt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. This commonly refers to a...
Qualified Joint And Survivor Annuity (QJSA)
What is 'Qualified Joint And Survivor Annuity - QJSA'
An annuity payment from a qualified plan or 403(b) account that provides a life annuity to...
National Average Wage Index (NAWI)
What is 'National Average Wage Index - NAWI' An index calculated annually by the Social Security Administration (SSA) based on wages subject...
Early Amortization
What is 'Early Amortization' A type of credit enhancement used in certain asset backed securities (ABS). Early amortization is an accelerated payment...
Job Openings and Labor Turnover Survey (JOLTS)
What is 'Job Openings and Labor Turnover Survey - JOLTS' A survey done by the United States Bureau of Labor Statistics to...
Joint Life With Last Survivor Annuity
What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and...
Lease Payments
What is 'Lease Payments' A line item under long-term debt on a balance sheet that indicates the value of future lease payments...
Debt to Income Ratio
DefinitionA debt income ratio is the percentage of a consumer's monthly gross income that goes toward paying debts. There are two main kinds of...