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Reference rate |
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Reference rateA benchmark interest rate (such as LIBOR) used to specify conditions of an interest rate swap or an interest rate agreement.Reference rate Similar MatchesAccounting reference dateAccounting reference dateThe date to which accounts are made up for a company. When a company is incorporated, it will usually have an accounting reference date which is the last day of the month in which the anniversary of its incorporation falls. Directors can change the accounting reference date by filing an appropriate form with the Registrar of Companies. Weak axiom of revealed preferenceWeak axiom of revealed preferenceThe assumption that a consumer who reveals strict preference for one bundle of goods over another will not, in other circumstances, reveal their preference for the second over the first. That is, if qi, qj are the vectors of goods purchased at prices pi, pj respectively, then piqi>piqj Þ pjqi>pjqj. Used in proving correlation results. Cumulative preference sharesCumulative preference sharesWhen a company fails to pay a dividend, holders of cumulative preference shares are entitled to receive this missed payment when a dividend is next declared. This rule is cumulative and they are also entitled to the current dividend provided sufficient cash is available. These payments receive priority over the claims of ordinary shareholders. Banker's referenceBanker's referenceA reference sought from a bank by a company or individual regarding the creditworthiness of another company or individual in order to assess whether or not credit trading terms should be offered. Mortgage reference feeMortgage reference feeIf you apply for a remortgage or a new mortgage, the new lender will want a mortgage reference from your existing lender. You will probably have to pay for this. Costs £20 - £50 Further Suggestionsredeemable preference sharescredit reference agency stepped preference shares Tariff preference preference shares participating preference shares Credit reference agency Preference share Preferences Involuntary liquidation preference Revealed preference Preference for variety Generalized System of Preferences Liquidity preference hypothesis Community preferences trade reference Reference price Tax preference item Preference stock Identical preferences Loan Preference Principle Homothetic preferences |
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