Tag: period
Certificate of Deposit
DefinitionA certificate of deposit is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and...
Absolute Return Index
What is 'Absolute Return Index' A stock index designed to measure absolute returns. The absolute return index is actually a composite index...
Callable Certificate Of Deposit
What is 'Callable Certificate Of Deposit' An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types...
Early Amortization
What is 'Early Amortization' A type of credit enhancement used in certain asset backed securities (ABS). Early amortization is an accelerated payment...
Cash Flow
Cash flow refers to the total or net amount of cash and its equivalents that move in and out of an organization. If a...
Okun Gap
DefinitionIn economics, Okun's law is an empirically observed relationship between unemployment and losses in a country's production. The "gap version" states that for every...
Heavy
What is 'Heavy' A market that is demonstrating difficulty in advancing and is displaying a tendency to decline. A heavy market may...
Call Deposit Account
What is a 'Call Deposit Account'
A call deposit account is a bank account for investment funds that offers the advantages of both a savings...
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...
National Bank Surveillance System
DefinitionThe National Bank Surveillance System is a computerized, off-site monitoring system developed by the U.S. Office of the Comptroller of the Currency "to assist...