Tag: rate

Mortgage Loan

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

Manifest Variable

DefinitionIn statistics, observable variable or observable quantity, as opposed to latent variable, is a variable that can be observed and directly measured. Manifest Variable...
maintenance bond

Maintenance Bond

What is a maintenance bond A maintenance bond is a type of surety bond that is often required by municipalities in order to guarantee that...

Macroeconomic Swap

What is 'Macroeconomic Swap' A type of derivative designed to help companies whose revenues are closely correlated with business cycles to reduce...

Accelerated Reply Mail (ARM)

What is 'Accelerated Reply Mail - ARM' An expedited delivery of business reply mail offered by the U.S. Postal Service. Reply mail...

Absorption Costing

DefinitionTotal absorption costing is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just...

Annual Percentage Rate

DefinitionThe term annual percentage rate of charge, corresponding sometimes to a nominal APR and sometimes to an effective APR, is the interest rate for...

Absolute Interest

What is 'Absolute Interest' Total and complete ownership of an asset or property. An individual with an absolute interest has both a...

Annuity

An annuity can be best defined as a financial product which is exclusively designed and offered by insurance companies to help individuals grow funds....

Ability-To-Pay Taxation

What is 'Ability-To-Pay Taxation' Ability-to-pay taxation is a progressive taxation principle that maintains that taxes should be levied according a taxpayer's ability...

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