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Money overhang |
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Money overhangA money supply that is larger than people want to hold at prevailing prices. This was said to be a major cause of inflation in Russia after the fall of the Soviet Union, which left an excess of money in circulation.Similar MatchesRedemption penalty overhangRedemption penalty overhangThis is where the redemption penalty continues beyond a fixed or capped rate period, effectively tying you in to the much higher variable rate for a period of time after the fixed or capped period. As a result you get stuck paying an uncompetitive rate that eats into the gains you may have made from having the fixed rate or capped ratein the first place. OverhangOverhangSee debt overhang and money overhang. Overhanging redemption penaltyOverhanging redemption penaltyAn early redemption charge that lasts beyond the benefit period is referred to as an extended or overhanging redemption penalty. These should be avoided where possible. Debt overhangDebt overhangA situation in which the external debt of a country is larger than it will be able to repay. Often due to having borrowed in foreign currency and then had its own currency depreciate. Overhanging BondOverhanging BondA convertible bond issue that investors do not convert into common stock because the stock has not appreciated in value. Further SuggestionsMarket overhang |
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