Tag: term
Tax Anticipation Note (TAN)
What is 'Tax Anticipation Note - TAN' A short-term debt security issued by a state or local government to finance an immediate...
Take-Out Commitment
What is 'Take-Out Commitment' A specific type of mortgage purchase agreement. Under a take-out commitment, a long-term investor agrees to buy a...
Take-Out Lender
What is 'Take-Out Lender' A type of financial institution that provides a long-term mortgage on property. This mortgage will replace interim financing,...
Take-Out Loan
What is a 'Take-Out Loan' A type of long-term financing (usually) on a piece of real property. Long-term take-out loans replace interim...
Deal Flow
DefinitionDeal flow is a term used by finance professionals such as venture capitalists, angel investors, private equity investors and investment bankers to refer to...
Debt Equity Ratio
DefinitionThe debt-to-equity ratio is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. Closely related...
Days Working Capital
What is 'Days Working Capital' Days working capital is an accounting and finance term used to describe how many days it takes...
Dealing Desk
What is 'Dealing Desk' In foreign currency markets, the location of a financial institution's forex dealers. Since the forex market is open...
Dayrate Volatility
What is 'Dayrate Volatility' The intraday unpredictability of an exchange rate (or price of a good or service), that changes due to...
The Concept of Effective Duration
The concept of effective duration is a way to evaluate a bond's price sensitivity to changes in interest rates. It accounts for the uncertainty...