Business and Personal Finance Dictionary

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• TERM TRUST - A closed-end fund that has a fixed termination or maturity date.
  
  
• TERM, AMORTIZATION - Term: The period of time during which the loan contract is active, during which th...
  
  
• TERMINAL VALUE - when used in a discounted cash flow valuation, the cash flow is projected for each yea...
  
  
• TERMINAL WAREHOUSE RECEIPT - A receipt for the deposit of goods in a public warehouse that a lender hol...
  
  
• TERMINATION - The action taken by a secured party to end or give up its interest in collateral. For per...
  
  
• TERMINATION DATE - The date on which cash flows due under a swap contract cease to accrue.
  
  
• TERMINATION STRUCTURE - A design for a DPC (q.v.) that liquidates when the related name defaults. Cf. c...
  
  
• TERMITE CLAUSE - A term in an Agreement for sale which allows the Purchaser to inspect for termites. If...
  
  
• TERMITE INSPECTION - A visable check of a property for the presence of termites. Usually performed by a...
  
  
• TERMS - The various clauses that make up a contract. Sometimes used to described the financial portions...