- Industrie: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Scheduling principal and interest payments (P&I) due under a mortgage so that total monthly payment of P&I is the same. Different from the typical mortgage for which the principal payment component of the monthly payment becomes gradually greater while the monthly interest component shrinks.
Industry:Financial services
The construction of an asset and a liability match that benefits from offsetting changes in value.
Industry:Financial services
An index listed on the American Stock Exchange tracking the performance of 50 American Depository Receipts traded on the AMEX, NYSE, and NASDAQ.
Industry:Financial services
A life insurance policy with a fixed face value and increasing premiums.
Industry:Financial services
A bond portfolio strategy whose goal is to eliminate the portfolio's risk, in case of a general change in the rate of interest, through the use of duration.
Industry:Financial services
An organization founded in 1944 to oversee exchange arrangements of member countries and to lend foreign currency reserves to members with short-term balance of payment problems.
Industry:Financial services
Bond with a stream of coupon payments that remain the same throughout the life of the bond.
Industry:Financial services
When a company's total capital is less than the par value of all its capital stock.
Industry:Financial services
A division of the CME established in 1972 for trading financial futures. Related: Chicago Mercantile Exchange (CME)
Industry:Financial services