Business and Personal Finance Dictionary

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• FLAT MATERNITY BENEFIT - In some plans, the amount that will be paid for hospital maternity care, regar...
  
  
• FLAT PRICE (ALSO CLEAN PRICE) - The quoted newspaper price of a bond that does not include accrued inte...
  
  
• FLAT PRICE RISK - Taking a position either long or short that does not involve spreading.
  
  
• FLAT RATE - a per unit price that remains constant regardless of the volume purchased.
  
  
• FLAT RENTAL - rental payments that remain fixed and unchanged throughout the life of the lease.
  
  
• FLAT SCALE - The pattern for new issues where shorter- and longer-term yields display very little diffe...
  
  
• FLAT TAX - A tax which is levied at the same rate on all levels of income. Antithesis of progressive ta...
  
  
• FLAT TRADES - A bond in default trades flat; that is, the price quoted covers both principal and unpaid...
  
  
• FLAT YIELD CURVE - See yield curve slope.
  
  
• FLATNESS - Is the relatively flat appearance for a probability distribution. See Platykurtic and compar...