Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• STEP FUNCTION - A function defined on an interval so that the interval can be partitioned into a finite...
  
  
• STEP LEASE - type of lease that outlines or stipulates the expected annual increases in the tenant's ba...
  
  
• STEP RATE MORTGAGE - A mortgage that allows for the interest rate to increase according to a specified ...
  
  
• STEP UP - To increase, as in step up the tax basis of an asset.
  
  
• STEP UP BOND - Definition: A bond with a coupon that increases over time on schedule – unless the issue...
  
  
• STEP UP IN BASIS - When you inherit assets, such as securities or property, they are stepped up in basi...
  
  
• STEP UP TO THE PLATE - take responsibility (from baseball)
  
  
• STEP-DOWN NOTE - A floating-rate note whose interest rate declines after a specified period of time.
  
  
• STEP-DOWN PREFERRED STOCK - Corporate Preferred Stock that a REIT issues, as part of a tax avoidance pl...
  
  
• STEP-PAYMENT OPTION - A "free" ordinary European Option, minus a portfolio of Binary Options with succe...