UNSTATED INTEREST PAID
Unstated Interest Paid is the percentage of interest that is assumed paid on an installment sale by the US IRS or Internal Revenue Services. Regardless of actual payment or not, if the interest rate is lower than the specified minimum, it is considered paid off. The calculation of unstated interest is done in the case of a contract that does not have enough interest stated. Federal tax code dictate that the federal rate of interest applicable must be included in the contract when sold properties are on an installment basis.
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Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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