Business and Personal Finance Dictionary

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• SINGLE FAMILY RESIDENCE - A general term originally used to distinguish a house designed for use by one...
  
  
• SINGLE FILE MORTGAGE INSURANCE - A type of mortgage insurance on which the lender pays the premium and ...
  
  
• SINGLE LIFE ANNUITY - An annuity covering one person. A straight life annuity provides payments until d...
  
  
• SINGLE MONTHLY MORTALITY RATE (SMM) - A measure of the amount of monthly principal reduction in excess ...
  
  
• SINGLE OPTION - A single put option or call option, as opposed to a spread or straddle, which involves ...
  
  
• SINGLE PAYMENT LOAN - Another name for a time or balloon loan. A closed-end loan that does not require ...
  
  
• SINGLE-BUYER POLICY - Ex-Im Bank practice allows the exporter to insure certain transactions selectivel...
  
  
• SINGLE-COUNTRY FUND - A mutual fund that invests in individual countries outside the United States.
  
  
• SINGLE-ENTRY BOOKKEEPING - a simple bookkeeping system in which all transactions are recorded in a sing...
  
  
• SINGLE-FACTOR MODEL - A model of security returns that acknowledges only one common factor. The single ...