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Two-Year Treasury Constant Maturity
Two-Year Treasury Constant Maturity An index published by the Federal Reserve Board based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a two-year maturity.
RELATED TERMS--------------------------------------
Index
A measurement used by lenders to determine changes to the Interest rate charged on an adjustable rate mortgage.
Reserve
The 'reserve price' is the lowest price at which the owner is willing to sell their property when it is being auctioned.
Yield
The interest earned by an investor on his investment (or bank on the money it has lent).
Range
1) A measure of the difference between the highest and lowest variates. 2) A strip of land six miles wide, extending north and south and numbered east and west according to its distance from the principal meridian in the rectangular (government) survey system of legal description.
Maturity
The date on which the principal balance of a loan, bond, or other financial instrument becomes due and payable.
SIMILAR TERMS--------------------------------------
Two-step mortgage
An adjustable-rate mortgage (ARM) that has one interest rate for the first five or seven years of its mortgage term and a different interest rate for the remainder of the amortization term.
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Truth in Lending Statement (Regulation Z)
A federal government regulation that provides details of the cost of obtaining a mortgage loan.
Tuck-point
The process of removing old mortar from between bricks and replacing it with new mortar.
Turn key project
The construction of a project in which a third party is responsible for the total completion of a building, or for the construction of tenant improvements to the customized requirements and specifications of a future owner or tenant.
Two to four family property
A piece of property that is owned by one person but provides housing for up to four households.
Two-step mortgage
An adjustable-rate mortgage (ARM) that has one interest rate for the first five or seven years of its mortgage term and a different interest rate for the remainder of the amortization term.
Two-Year Treasury Constant Maturity
Type of value
There are many kinds of values, such as market value, tax assessed value, book value, insurance value, use value, par value, rental value and replacement value.
This dictionary contains 6433 terms. |
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