Tag: rate

Inflation is well defined as a sustained increase in the general level of prices for goods and services wherein the purchasing power falls. It...

Premium, in the simplest of terms, is the total cost of any option. It is basically the sum of your option’s time and intrinsic...

The grouping together of financial assets like cash equivalents, bonds, stocks and their counterparts whether they are closed fund or exchange related is known...

DefinitionA credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on...

What is depreciation and how does it work Depreciation is an accounting method used to spread the cost of a long-term asset over its useful...

What is 'Absorbed' 1. In a general business sense, when a cost is treated as an expense instead of being passed on...

DefinitionA certificate of deposit is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and...

DefinitionSavings.com is a website that offers coupons and promotional savings, known as "deals," redeemable at nationally recognized merchant web sites and stores. Savings.com sources...

What is 'Abandon Rate' Abandon rate in call center The percentage of inbound phone calls made to a call center or service desk that are abandoned...

What is 'Values' The worth of a nonforfeiture clause that specifies that an insured party would receive the equity from a life...