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| This dictionary contains: 24549 financial terms |
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Redundancy
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RedundancyThe state of no longer being needed by an employer.
RELATED TERMS--------------------------------------
Employer
Person or organization who employs people who work for money.
SIMILAR TERMS--------------------------------------
Reducing balance method of depreciation
Writes off the same percentage (but consequently a smaller amount) of an asset's value each year.
Reduction option loan (ROL)
A hybrid of a fixed-rate and adjustable-rate mortgage. An ROL matches the borrower to the current mortgage rate, which then becomes fixed for the rest of the term. This reduction is usually allowed if rates drop more than 2% in a year.
PREVIOUS AND NEXT TERMS--------------------------------------
Redemption yield or maturity yield
The amount of income received from a fixed interest security, including interest and its repayment value, expressed as a percentage of its current market price.
Redenomination
The process of changing the currency value on a financial security.
Rediscount
To discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank.
Reducing balance method of depreciation
Writes off the same percentage (but consequently a smaller amount) of an asset's value each year.
Reduction option loan (ROL)
A hybrid of a fixed-rate and adjustable-rate mortgage. An ROL matches the borrower to the current mortgage rate, which then becomes fixed for the rest of the term. This reduction is usually allowed if rates drop more than 2% in a year.
Redundancy
Reference rate
A benchmark interest rate (such as LIBOR) used to specify conditions of an interest rate swap or an interest rate agreement.
Refinancing
An extension and-or increase in amount of existing debt.
Reflation
Government policy designed to increase economic activity, by increasing the money supply, or reducing taxation or interest rates.
Refund
Money given back, usually because goods are defective.
Refundable
Eligible for refunding under the terms of a bond indenture.
RELATED TERMS--------------------------------------
Employer
Person or organization who employs people who work for money.
SIMILAR TERMS--------------------------------------
Reducing balance method of depreciation
Writes off the same percentage (but consequently a smaller amount) of an asset's value each year.
Reduction option loan (ROL)
A hybrid of a fixed-rate and adjustable-rate mortgage. An ROL matches the borrower to the current mortgage rate, which then becomes fixed for the rest of the term. This reduction is usually allowed if rates drop more than 2% in a year.
PREVIOUS AND NEXT TERMS--------------------------------------
Redemption yield or maturity yield
The amount of income received from a fixed interest security, including interest and its repayment value, expressed as a percentage of its current market price.
Redenomination
The process of changing the currency value on a financial security.
Rediscount
To discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank.
Reducing balance method of depreciation
Writes off the same percentage (but consequently a smaller amount) of an asset's value each year.
Reduction option loan (ROL)
A hybrid of a fixed-rate and adjustable-rate mortgage. An ROL matches the borrower to the current mortgage rate, which then becomes fixed for the rest of the term. This reduction is usually allowed if rates drop more than 2% in a year.
Redundancy
Reference rate
A benchmark interest rate (such as LIBOR) used to specify conditions of an interest rate swap or an interest rate agreement.
Refinancing
An extension and-or increase in amount of existing debt.
Reflation
Government policy designed to increase economic activity, by increasing the money supply, or reducing taxation or interest rates.
Refund
Money given back, usually because goods are defective.
Refundable
Eligible for refunding under the terms of a bond indenture.
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This dictionary contains 24549 terms.
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