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ARMSee: Adjustable-rate mortgageARM Similar MatchesThe Harmonized Commodity Description and Coding SystemThe Harmonized Commodity Description and Coding SystemCommonly known as Harmonized System. It isa a classification system devised by the Customs Cooperation Council to provide uniformity in tariff classification, trade statistics, and transport documentation among cooperating countries. Federal Farm Credit SystemFederal Farm Credit SystemA system chartered in 1971 through the farm credit act providing farmers with credit services through a federal land bank, a federal intermediate credit bank, and a bank for cooperatives. See: Federal Farm Credit Bank. Armington elasticityArmington elasticityThe elasticity of substitution between products of different countries. Adjustable Rate Mortgages (arms)Adjustable Rate Mortgages (arms)Mortgage loans under which the interest rate is periodically adjusted to more closely coincide with current rates. The amounts and times of adjustment are agreed to at the inception of the loan. Also called: Adjustable Rate Loans, Adjustable Mortgage Loans (AML'S), Flexible Rate Loans, Variable Rate Loans. Adjustable rate mortgage (ARM)Adjustable rate mortgage (ARM)A mortgage that features predetermined adjustments of the loan interest rate at regular intervals based on an established index. The interest rate is adjusted at each interval to a rate equivalent to the index value plus a predetermined spread, or margin, over the index, usually subject to per-interval and to life-of-loan interest rate and/or payment rate caps. Further SuggestionsWeb farmArms index Server farm Armington assumption Harmless warrant Link farm Everything But Arms Harmonization Harmful externality Arms length price Federal Agricultural Mortgage Corporation (Farmer Mac) Federal Farm Credit Bank Garman Kohlhagen option pricing model |
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