ARM INDEX
This is also called as the fully indexed interest rate.
It is the benchmark interest rate wherein it is tied with an adjustable rate mortgage. The latter’s interest rate is composed of margin plus the index value. The index value of the underlying adjustable rate mortgage is actually a variable wherein in contrast, the margin is constant. For different types of adjustable rate mortgages, there are many indexes that can be used.
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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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