BLENDED RATE
- Interest rate imposed by a lender on a loan, between past and present rates. Normally offered by refunding previous loans, it charges a rate higher than the previous loan’s rate but lower than the current loan’s rate.
- In accounting, rate quantifying the debt obligation on various loans with different rates, or the revenue from cash flow. It is computed to determine the pooled cost of funds.
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Confining Condition
Adverse illness confining an individual to his home or at a medical facility. It accounts the individual and family records of historic confining c ...
Positive Correlation
A relationship between two variables in which both variables move in tandem. A positive correlation exists when as one variable decreases, the othe ...
Profit-Sharing Plan
This plan gives employees a share in the company’s profits. Each employee gets a percentage of those profits based on the earnings of the com ...
Random Walk Theory
A theory stating that securities or market prices are random and not influenced by previous events. This theory is also known as the "weak for ...
Expectations Theory
Hypothesis implying long-term interest rates holds a postulation of future short-term interest rates. It presumes an individual would generate the ...
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Buying a Home: Getting Into the Escrow Process
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A Primer on Retirement Planning
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