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68 Results for Tag: student

Cancellation

Cancellation What is 'Cancellation' A cancellation is a notice made by a broker, to his client, informing him an erroneous trade was made and is being rectified. Despite the fact technolog

Past Due

Past Due What does 'Past Due' mean Past due is a loan payment that has not been made as of its due date. A borrower who is past due may be subject to late fees, unless the borrower is stil

Passbook Loan

Passbook Loan What is 'Passbook Loan' A personal loan extended to a savings-account holder by the custodial bank. Passbook loans use the balance of the savings account as collateral for th

Parallel Loan

DefinitionA parallel loan is two loans taken out by two pairs of companies in different countries from local lenders with the aim of swapping the resulting loans in different currencies. It

Qualifying Disposition

Qualifying Disposition What is 'Qualifying Disposition' A sale, transfer or exchange of stock obtained through a qualified stock option incentive plan, namely incentive stock option (ISO)

Qualified Higher Education Expense

Qualified Higher Education Expense What is 'Qualified Higher Education Expense' Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay to an el

Venn Diagram

DefinitionA Venn diagram is a diagram that shows all possible logical relations between a finite collection of different sets. These diagrams depict elements as points in the plane, and sets

Variable Interest Rate

Variable Interest Rate What is a 'Variable Interest Rate' A variable interest rate is an interest rate on a loan or security that fluctuates over time, because it is based on an underlying

Federal Direct Student Loan Program (FDSLP)

Federal Direct Student Loan Program (FDSLP) What is 'Federal Direct Loan Program ' A program that provides low-interest loans to postsecondary students and their parents. The William D. Fo

Fixed Interest Rate Loan

Definition A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their futu
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