SPOT LOAN
Spot loan is a mortgage loan type used by the borrower to buy a condo or complex or, in other words, a single unit in a building. Spot loans are approved based on the lender. Sometimes the entirety of the building must be approved by the lender. Other times the approval of the single unit is sufficient with broader requirements filled by the building.
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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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