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One hundred and eighty-two day T-bill auction average discount rate
One hundred and eighty-two day T-bill auction average discount rate The U.S. government issues short-term debt at a discount at a competitive auction, usually on a weekly basis. At a discount means the note is sold at a discount from face value and then redeemed at maturity at the full face value.
RELATED TERMS--------------------------------------
Debt
An amount owed to another.
Discount
To sell at a reduced value; the difference between face value and cash value.
Auction
The selling of any property, in public by a licensed auctioneer, who offers the property for sale, starting at a price possibly much below its value, and endeavours to persuade those present to make successively increased bids until it is knocked down to the highest bidder.
Basis
Original cost of property plus value of any improvements put on by the seller minus the depreciation taken by the seller.
Note
A written instrument acknowledging a debt and promising payment
Value
The measure of the monetary equivalent of a property. The four essential elements of value are utility, scarcity, demand and transferability.
Maturity
The date on which the principal balance of a loan, bond, or other financial instrument becomes due and payable.
SIMILAR TERMS--------------------------------------
One hundred percent commission plan
Some firms have adopted a 100 percent commission plan. Salespersons in these offices pay a monthly service charge to their brokers to cover the costs of office space, telephones and supervision in return for keeping 100 percent of the commissions from the sales they negotiate.
One stop shopping
An arrangement where settlement and service providers are all available through the broker.
One year ARM
A 1-year ARM is an adjustable-rate mortgage (ARM) that has an initial interest rate for one year, and thereafter has an adjustment interval of one year.
One year ARM refinance
A 1-year ARM is an adjustable-rate mortgage (ARM) that has an initial interest rate for one year, and thereafter has an adjustment interval of one year.
One year treasury spot index
This index is the weekly average interest paid by the u.s. government on funds borrowed for one year. It changes more slowly than the cd index.
PREVIOUS AND NEXT TERMS--------------------------------------
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One hundred and eighty-two day T-bill auction average discount rate
One year ARM
A 1-year ARM is an adjustable-rate mortgage (ARM) that has an initial interest rate for one year, and thereafter has an adjustment interval of one year.
One year ARM refinance
A 1-year ARM is an adjustable-rate mortgage (ARM) that has an initial interest rate for one year, and thereafter has an adjustment interval of one year.
Obedience
The fiduciary relationship obligates the agent to act in good faith at all times, obeying the principal's instructions in accordance with the contract. However, that obedience is not absolute.
Obligatory advance
Any advance which, under the terms of the credit line deed of trust or other agreement, the secured party has legally obligated itself to make in the absence of a default, breach, or other such event.
Obligee
The person who will receive the outcome of an obligation.
This dictionary contains 6433 terms. |
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