GRADUATION RATE
Percentage increase in the monthly payment on graduated payment mortgage. The increase appears at fixed intervals, normally annually. The interest rate on this payment is set in the entire life of the loan. Initial monthly payments are fixed below a fully amortizing payment, and escalates over the graduation period until the payment is large enough to amortize the mortgage for its remaining term.
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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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