Tag: rate

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

DefinitionUncovered interest arbitrage is an arbitrage trading strategy whereby an investor capitalizes on the interest rate differential between two countries. Unlike covered interest arbitrage,...

What is the 'Real Gross Domestic Product (GDP)' Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of...

What is an 'Underlying Asset' An underlying asset is the security or commodity underlying a Derivative. The most common type of derivative is a futures...

An uncovered option is a type of option contract that is not hedged by an opposite position in the underlying security. This leaves the...

DefinitionIn finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a...

DefinitionThe business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its...

What is 'Abandonment Value' The value of a project or asset if it were immediately liquidated or sold. The abandonment value of...

DefinitionEconomic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally...

DefinitionA mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...