Financial Dictionary

This dictionary contains:
24549
financial terms

Thrift institution




Thrift institution

An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.

RELATED TERMS
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Savings
According to Keynesian economics, the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income that he or she earns in a given period of time.

Loan
Something lent (usually money) that will have to be given or paid back (usually with interest).

Institutions
Insurance companies, pension funds, trusts, foundations, mutual funds, funds managers, bank investment departments.



SIMILAR TERMS
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Thrift Institution Advisory Council (TIAC)
A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts.

Thrift plan
A defined contribution plan in which an employee contributes, usually on a before-tax basis, toward the ultimate benefits that will be provided.



PREVIOUS AND NEXT TERMS
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Thirty-day visible supply
The total volume in dollars of municipal bonds with maturities of 13 months or more that should reach the market within 30 days.

Thirty-day wash rule
IRS rule stating that losses on a sale of stock may not be used as tax shelter if equivalent stock is purchased 30 days or less before or after the sale of the stock.

Three steps and a stumble rule
A rule predicting that stock and bond prices will fall following three increases in the discount rate by the Federal Reserve.

Three-phase DDM
A version of the dividend discount model that applies a different expected dividend rate depending on a company's life-cycle phase: growth phase, transition phase, or maturity phase.

Threshold for refinancing
The point when the weighted-average coupon of an MBS is at a level to induce homeowners to prepay the mortgage in order to refinance to a lower-rate mortgage.

Thrift institution

Thrift Institution Advisory Council (TIAC)
A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts.

Thrift plan
A defined contribution plan in which an employee contributes, usually on a before-tax basis, toward the ultimate benefits that will be provided.

Throughput agreement
An agreement to put a specified amount of product per period through a particular facility.

Tick
Refers to the minimum change in price a security can have, either up or down.

Tick index
The number of stocks trading on an uptick minus the number of stocks trading on a downtick.

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This dictionary contains 24549 terms.







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