ACCELERATED PAYMENTS
It is a term commonly associated with making unscheduled loan payment in addition to the current terms in a random or predetermined interval. By making accelerated payment, it reduces the amount of the principal balance of the loan that means in the subsequent payments, more principal is being paid off with less interest. Through this, the person who has a loan can easily end the payoff of the loan.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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