Tag: rates
Half-Life
What is 'Half-Life' Half-life represents a date in the future when half of the total principal of a mortgage-backed security (MBS) will...
PPP
Quick Facts The PPP is Purchasing Power Parity Purchasing power parity is used by macro-economic analysts to compare different countries' currencies through a...
Macaulay Duration
What is The 'Macaulay Duration' The Macaulay duration is the weighted average term to maturity of the cash flows from a bond....
Obligation Bond
What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....
JOD (Jordanian Dinar)
What is 'JOD' The currency abbreviation or currency symbol for the Jordanian Dinar (JOD), the currency for Jordan. The dinar is made...
KMF (Comorian Franc)
What is the KMF currency symbol or abbreviation and what does it stand for
The KMF currency symbol is the Franco, and it is abbreviated...
FED Pass
What is 'FED Pass' An action taken by the Federal Reserve that looks to increase the availability of credit by moving additional...
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for...
LAK (Lao Kip)
What is 'LAK' The currency abbreviation or currency symbol for the Lao kip (LAK), the currency of Laos. The kip is made...
FICO Score
FICO score is one to the measures that are used by the lenders to assess the credit risk of an applicant, and then decide...