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Covered interest rate |
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Covered interest rateThe covered interest rate, in a currency other than your own, is the nominal interest rate plus the forward premium on the currency; thus the percent you will earn holding the foreign asset while protecting against exchange-rate change by selling the foreign currency forward.Similar MatchesConsumer interestConsumer interestInterest paid on consumer loans; e.g., interest on credit cards and retail purchases. Earnings before interest, taxes, depreciation, and amortization (EBITDA)Earnings before interest, taxes, depreciation, and amortization (EBITDA)A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest and income taxes. Depreciation and amortization expenses are not included in the costs. Interest only strip (IO)Interest only strip (IO)A security based solely on the interest payments from a pool of mortgages, Treasury bonds, or other bonds. Once the principal on the mortgages or bonds has been repaid, interest payments stop, and the value of the IO falls to zero. Imputed interestImputed interestUsed in accounting to refer to interest that has effectively been paid to a bondholder, even though no money has actually been paid. Variable interest rateVariable interest rateSee: Adjustable rate Further SuggestionsEffective Interest RateForward interest rate Interest compound interest Exact interest Party in interest Earnings before interest after taxes (EBIAT) Minority interest Lessees Interest mortgage interest relief at source Wild Interest Open interest open interest Interest accrual rate Interest tax shield prevailing interest rate Interest in Arrears Future Interest Deferred interest bond Term structure of interest rates Interest on interest Discount Interest Mortgage interest deduction And interest Variable interest rate |
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