LOAN SHARK
An individual or entity who lends money above the established legal rate. They recover it under bodily harm threat or other strong arm strategy. On a normal basis, lenders cannot charge more than 60% interest rate annum, but this depends on where an individual resides. But a loan shark illegally charges interest above a state’s legal limit that usually range up to - or over - 100%.
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Specific-Shares Method
Specific-shares method is a personal financial accounting whose purpose is to cut down realized capital gains for multiple stock or mutual fund pur ...
Voting Trust Certificate
Voting Trust Certificate is a document issued by the limited-life trust of a corporation, which is created to limit the control of a corporation to ...
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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