Term Meaning Tax Liens This refers to any claim by taxation authorities such as IRS on the income or other funds of the Borrower. Technical Analysis A method of evaluating securities by relying on the assumption that market data, such as charts of price, volume, and open interest, can help predict future (usually short-term) market […]Continue Reading... No Comments.
Term Meaning Safe Custody When valuable articles are given to a bank for safe keeping in its safe vault, it is called safe custody.. Bank charges a fee from its clients for such safe custody. Safe deposit box It is sometime called as Safety deposit box. It’s a locker kind inside bank where the valuable […]Continue Reading... No Comments.
Term Meaning Range Bonds Bonds which cease the payments because the reference rate of the bond increases or decreases, as compared to predetermined rate on a given index. Rate of Return A percentage showing the amount of investment gain or loss against the initial investment. Rate Sensitive Rate sensitive pertains to deposit account or security […]Continue Reading... No Comments.
Term Meaning Qualified Opinion An auditor’s opinion mentioned in his report which holds some reservations regarding the process of audit is called as a qualified opinion. Quality Spread The difference between the yields of Treasury securities and non-Treasury securities, as a result of different ratings or quality, is termed as quality spread. Quasi Affidavit The […]Continue Reading... No Comments.
Term Meaning Par Value The face value of a security which the investor is expected to receive at the time of maturity with coupon or interest rates if applicable. Partially Amortizing Loan Partially Amortizing loan is a loan in which the periodic payments cover all of the interest charges but only part of the principal, […]Continue Reading... No Comments.