AMOUNT FINANCED
It is credit’s actual amount that is made available through a lone to a borrower according to the Regulation Z disclosure requirements as stated in the Truth in Lending Act. To be specific, it is the principal loan amount minus the prepaid finance charges like adjusted interest, so-called points, loan origination fees, and other deposit balance that is required. It is actually used in calculating the percentage rate annually.
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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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