Tag: type

De-Escalation Clause

What is 'De-Escalation Clause' An article in a contract that calls for a price decrease if there is a decrease in certain...

Umbrella Personal Liability Policy

What is 'Umbrella Personal Liability Policy' A type of insurance policy that provides excess coverage above and beyond the liability coverage amounts...

Uberrimae Fidei Contract

What is 'Uberrimae Fidei Contract' A legal agreement requiring the highest standard good faith. "Uberrimae fidei" or "uberrima fides" is Latin for...

Unsecured Loan

DefinitionIn finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a...

UCC-1 Statement

What is 'UCC-1 Statement' One of the standard mortgage documents listed in the Uniform Commercial Code. The UCC-1 Statement lists and describes...

Exponential Moving Average

DefinitionIn statistics, a moving average is a calculation to analyze data points by creating series of averages of different subsets of the full data...

Home Mortgage

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

Credit Default Swap

DefinitionA credit default swap is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a...

Certificate of Deposit

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

Callable Certificate Of Deposit

What is 'Callable Certificate Of Deposit' An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types...

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