CONVERSION OPTION
Clause associated with some adjustable-rate mortgages allowing the borrower to exchange the variable interest rate to a fixed rate over a particular time period or at certain future dates. It is not free; an adjustable-rate mortgage with this option will normally have a greater margin. Therefore, it has a higher fully indexed interest rate or higher costs than this mortgage with a conversion option.
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Bullish Abandoned Baby
Candlestick pattern signalling a reversal in the present trend. Used by traders, it is formed by three unique candlesticks showing the following ch ...
Confluence
Combining two or more techniques and ideas into one complete strategy. It occurs when two different ideas or strategies are used together to come u ...
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