|
|
Rate lock |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Rate lockAn agreement between the mortgage banker and the loan applicant guaranteeing a specified interest rate for a designated period, usually 60 days.Rate lock Similar MatchesCorporate acquisitionCorporate acquisitionThe acquisition of one firm by another firm. Riskless rate of returnRiskless rate of returnThe rate earned on a riskless asset. Stated annual interest rateStated annual interest rateThe interest rate expressed as a per year percentage, by which interest payments are determined. See: Annual percentage rate. London interbank offered rateLondon interbank offered rateThe interest rate that the largest international banks charge each other for loans, usually of Eurodollars. In fact, LIBOR includes rates quoted each day for many currencies, excluding the euro, but it is the rate for dollar loans that is used as a benchmark for other transactions. Integrated World EconomyIntegrated World EconomyA hypothetical, theoretical benchmark in which both goods and factors move costlessly between countries. The IWE is associated with a retangular diagram depicting allocation of factors to countries, showing conditions for FPE. The name was coined by Dixit and Norman (1980), but the concept and technique was introduced by Travis (1964). Further SuggestionsInterest accrual ratediscounted rate mortgage Marginal tax rate Current production rate Separate customer Capitalization rate Strategic trade policy Interest rate ceiling Renegotiable rate corporate raider Variable rate demand note Floating exchange rate system Buy and hold strategy Adjustable rate preferred stock (ARPS) Indirect Exchange Rate Annual Percentage Rate Interest rate parity theorem Repo rate Call loan rate Turnover rate adjustable rate preferred stock Paris Interbank Offer Rate (PIBOR) compound annual growth rate Rate base Current rate method |
|
|
|