- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Contractual debt payments based on the coupon rate of interest and the principal amount.
Industry:Financial services
The legal fees and other expenses incurred when acquiring a lease.
Industry:Financial services
A single payment that represents an employee's interest in a qualified retirement plan. The payment must be prompted by retirement (or other separation from service), death, disability, or attainment of age 59-1/2, and must be made within a single tax year to avoid the federal government's 10% penalty tax.
Industry:Financial services
The monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month.
Industry:Financial services
An agreement whereby one party, for an up-front premium, agrees to compensate the other at specific time periods if a designated interest rate (the reference rate) is different from a predetermined level (the strike rate).
Industry:Financial services
A transaction that involves the sale of some property, and an agreement by the seller to lease the property back from the buyer after the sale.
Industry:Financial services
An interest rate agreement in which payments are made when the reference rate exceeds the strike rate. Also called an interest rate ceiling.
Industry:Financial services
