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Exact interest
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Exact interestInterest paid based on the basis of a 365-day-year schedule by a bank or other financial institution as opposed to a 360-day basis.
RELATED TERMS--------------------------------------
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
Basis
The price an investor pays for a security plus any out-of-pocket expenses. It is used to determine capital gains or losses for tax purposes when the stock is sold.
Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.
SIMILAR TERMS--------------------------------------
Exact matching
A bond portfolio management strategy that involves finding the lowest cost portfolio generating cash inflows exactly equal to cash outflows that are being financed by investment.
PREVIOUS AND NEXT TERMS--------------------------------------
Ex legal
A municipal bond offered without a law firm's legal opinion. A majority of bonds are issued with legal opinions.
Ex rights
Shares of stock that are trading without rights attached.
Ex rights date
The date on which a share of common stock with rights on it begins trading ex-rights.
Ex warrants
Describes a stock sale during the time in which the buyer of the stock is not entitled to the warrant accompanying the stock.
Ex works (EXW)
A transaction in which the seller's only responsibility is to make the ordered goods available to the buyer at the seller's premises.
Exact interest
Exact matching
A bond portfolio management strategy that involves finding the lowest cost portfolio generating cash inflows exactly equal to cash outflows that are being financed by investment.
Except for opinion
An auditor's opinion reflecting the fact that the auditor is unable to audit certain areas of the company's operations because of restrictions imposed conditions beyond the auditor's control.
Exception
A proxy which does not authorize the proxy committee to act on its behalf concerning any other business, adjournments or substitutions.
Exceptional return
Residual return plus benchmark timing return.
Excess accumulation
The amount of a required minimum distribution that an IRA holder fails to remove from an IRA in a timely manner.
RELATED TERMS--------------------------------------
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
Basis
The price an investor pays for a security plus any out-of-pocket expenses. It is used to determine capital gains or losses for tax purposes when the stock is sold.
Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.
SIMILAR TERMS--------------------------------------
Exact matching
A bond portfolio management strategy that involves finding the lowest cost portfolio generating cash inflows exactly equal to cash outflows that are being financed by investment.
PREVIOUS AND NEXT TERMS--------------------------------------
Ex legal
A municipal bond offered without a law firm's legal opinion. A majority of bonds are issued with legal opinions.
Ex rights
Shares of stock that are trading without rights attached.
Ex rights date
The date on which a share of common stock with rights on it begins trading ex-rights.
Ex warrants
Describes a stock sale during the time in which the buyer of the stock is not entitled to the warrant accompanying the stock.
Ex works (EXW)
A transaction in which the seller's only responsibility is to make the ordered goods available to the buyer at the seller's premises.
Exact interest
Exact matching
A bond portfolio management strategy that involves finding the lowest cost portfolio generating cash inflows exactly equal to cash outflows that are being financed by investment.
Except for opinion
An auditor's opinion reflecting the fact that the auditor is unable to audit certain areas of the company's operations because of restrictions imposed conditions beyond the auditor's control.
Exception
A proxy which does not authorize the proxy committee to act on its behalf concerning any other business, adjournments or substitutions.
Exceptional return
Residual return plus benchmark timing return.
Excess accumulation
The amount of a required minimum distribution that an IRA holder fails to remove from an IRA in a timely manner.
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This dictionary contains 24549 terms.
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