Business and Personal Finance Dictionary

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• RATE INDEX - A table of yields or interest rates being paid on debt (such as Treasury notes or bank dep...
  
  
• RATE INDEX (INDEX) - An index used to adjust the interest rate of an Adjustable Rate Mortgage (i.e.: CO...
  
  
• RATE INTERMEDIATION - borrowing funds at short-term interest rates and lending the funds at longer term...
  
  
• RATE LOCK - A way you can establish that the interest rate on your loan remains the same between the ti...
  
  
• RATE LOCK (LOCK IN THE RATE) - Refers to the agreement between the borrower and the lender or broker th...
  
  
• RATE LOCK-IN - See "rate commitment". A written agreement in which the lender guarantees the borrower a...
  
  
• RATE OF CHANGE - In which today's closing price is divided by the closing price n days ago. Multiply by...
  
  
• RATE OF EXCHANGE - the amount of currency of one nation that may be purchased on a specific date with a...
  
  
• RATE OF INTEREST - The rate, as a proportion of the principal, at which interest is computed.
  
  
• RATE OF RETURN - The rate of return is your annual income on an investment. With a stock, your return, ...