ANNUITY CERTAIN
A financial instrument which provides a stream of payments, for a number of years which is determined beforehand. An annuity certain will persist a stream of payments remitted to the beneficiary or estate of the annuitant, if the he/she dies prior to the end of payment term. The payments are done on a regular schedule, such as annually, semiannually, quarterly, or monthly.
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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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