ADJUSTABLE-RATE MORTGAGE - ARM
A kind of mortgage wherein the interest rate which serves as a payment for outstanding balance may differ according to a particular benchmark. The initial interest rate, most often, is fixed within a certain time period after which will be reset after a certain period, most of the time every month. The borrower will base the interest rate on a benchmark and on a spread, called an ARM margin.
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Specific-Shares Method
Specific-shares method is a personal financial accounting whose purpose is to cut down realized capital gains for multiple stock or mutual fund pur ...
Voting Trust Certificate
Voting Trust Certificate is a document issued by the limited-life trust of a corporation, which is created to limit the control of a corporation to ...
Sample Selection Bias
Sample Selection Bias is a type of bias resulting from the selection of non-random data meant for statistical analysis.
Combined Loan to Value Ratio - CLTV Ratio
Ratio determining the default risk of a potential homebuyer if he would purchase a home using multiple mortgages. In general, creditors are willing ...
Contagion
Possibility a significant economic changes in a country will spread to other nations. It pertains to the spread of either an economic boom or econo ...
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