Business and Personal Finance Dictionary

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• 3 SHORT COVERED CALL PURCHASE PRICE OF UNDERLYING STOCK MINUS PREMIUM - 4. Short put covered by short s...
  
  
• 3 YEAR ADJUSTABLE (ARM) - A loan with a fixed rate for the first 3 years that has a rate that changes o...
  
  
• 3% RULE - see THREE PERCENT RULE.
  
  
• 3-1 ARM - An adjustable-rate mortgage loan that has a fixed rate for three years, then adjusts to marke...
  
  
• 3-WAY MATCHING - the comparison of relevant voucher, purchase order, and receiver.
  
  
• 3-WAY SWITCH - A light switch that allows a person to turn the light on or off from either end of a hal...
  
  
• 3/1, 5/1, 7/1 AND 10/1 ARMS - Adjustable rate mortgages in which rate is fixed for three year, five yea...
  
  
• 3/2 DOWNPAYMENT - Programs offered by some lenders under which a borrower who is able to secure a grant...
  
  
• 30 YEAR FIXED - The 30 year fixed is one of the most popular loans. Many people like the fixed interest...
  
  
• 30-DAY NOTICE - Notice to vacate a premises under a periodic tenancy. Notice must be for the rent perio...