LOAN CONSTANT
An interest factor used to compute the debt service of a loan. To get the loan constant, divide the monthly loan payment (sum of the interest and principal) by the remaining principal in the loan. It can be used to compare the real cost of borrowing. Given the two loans options, generally, the borrower will opt for the loan with lower loan constant, since it will have lower debt service requirement.
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Specific-Shares Method
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Voting Trust Certificate
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Sample Selection Bias
Sample Selection Bias is a type of bias resulting from the selection of non-random data meant for statistical analysis.
Combined Loan to Value Ratio - CLTV Ratio
Ratio determining the default risk of a potential homebuyer if he would purchase a home using multiple mortgages. In general, creditors are willing ...
Contagion
Possibility a significant economic changes in a country will spread to other nations. It pertains to the spread of either an economic boom or econo ...
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