Tag: rate

What is 'Dated Date' The date at which interest begins to accrue on a fixed-income security. Investors who purchase a fixed-income security...

What is 'Day Loan' A temporary transfer of funds from a bank to an individual broker or a brokerage firm that is...

What is 'Day Rate' The price/cost of a particular service for a day's period. In some markets it is referred to as...

What is a tax deduction and how does it work A tax deduction is an expense that can be subtracted from your taxable income. This...

Home Ownership by Country Underwater Mortgage Underwater mortgage is a mortgage loan whose balance is higher than the fair market value of the home....

What is 'Unchanged' A situation in which the price or rate of a security does not change between two periods. This can...

DefinitionUnderemployment is the under-use of a worker due to a job that does not use the worker's skills, or is part time, or leaves...

What is 'Ultimate Mortality Table' A mortality table that lists the death rates of insured persons of each sex and age group...

What does 'Undervalued' mean Undervalued is a financial term referring to a security or other type of investment that is selling for...

What is 'Undated Issue' A government bond that has no maturity date, and pays interest in perpetuity. While the government can redeem...