Finance

A floating interest rate also referred to as a variable or dynamic interest rate, refers to a variable interest rate that changes over the period…

A negative interest rate means that the path in which interest is usually supposed to be paid is reversed. It happens when interest is credited…

A short refinancing is a refinancing agreement that serves a particular purpose; it is a financial concept that refers to a lender’s refinancing of a…

A delinquent mortgage is a home loan on which, as required in the loan documents, the borrower has failed to make payments. If a scheduled…

The delinquency rate refers to the percentage of the loan in a mortgage portfolio whose payments are due and which is also used by investors…

Mortgage servicing rights (MSR) are a contractual arrangement between a licensed service company and a loan originator that transfers from the lender to the service…

A fund of funds (FOF), also referred to as a pooled investment or a multi-manager investment, is an investment strategy that includes holding a portfolio…

The Equal Credit Opportunity Act (ECOA) is a United States law passed in 28th October 1974 in order to provide equal opportunities for all people…

Freight derivatives are monetary instruments, which incorporates forward freight agreements (FFA), holder cargo trade arrangements, compartment cargo subsidiaries, physical-deliverable cargo subordinates, and alternatives dependent on…

If more than one individual company comes together to create a common organizational structure, it is known as a conglomerate of companies. A “Conglomerate Merger”…

A venture capital trust or “VCT” is a tax-efficient investment vehicle that provides resources to small, rising companies in the United Kingdom (UK). It is…

Venture capital funds (also known as VC funds) are pooled investment funds which manage the money of start-up investors and small to medium-sized enterprises with…