Loan terminology for dummies

    • [PDF File]Glossary of Real Estate - Bloomington, IL

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      Real Estate Terminology Glossary Page 2 of 44 adjustable rate mortgage (ARM) A mortgage loan whose interest rate fluctuates according to the movements of an assigned index or a designated market indicator--such as the weekly average of one-year U.S. Treasury Bills--over the life of the loan.


    • Glossary of MRI Terms - American College of Radiology

      Glossary of MRI Terms A Absorption mode. Component of the MR signal that yields a symmetric, positive-valued line shape. Acceleration factor.The multiplicative term by which faster imaging pulse sequences such as multiple echo imaging reduce total imaging time compared to conventional imaging sequences such as spin echo imaging.


    • [PDF File]Glossary of Accounting Terms

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      reducing loan principal). Annual Percentage Rate (APR): Also known as effective annual rate, is used to put investments with varying interest compounding periods (daily, monthly, semiannually) on a common basis. It is computed as follows: APR = (1 + r/m) m - 1.0 where r = the stated, nominal, or quoted rate, and m = the number of


    • [PDF File]Accounting and Finance Terminology

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      Financial Statements, cont. • Income Statement • Financial Statement of a business that reports the revenue, expenses and the net income (loss) of


    • [PDF File]MORTGAGE TERMINOLOGY EXPLAINED.

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      MORTGAGE TERMINOLOGY EXPLAINED. HOUSING APR (ANNUAL PERcENTAGE RATE) The total cost of a loan, including interest charges and product fees, shown as a percentage rate. The calculation assumes that you maintain the mortgage for the full term. APR is an industry standard calculation and enables direct comparison of mortgages from all lenders. DEPOSIT


    • [PDF File]A glossary of terms used in payments and settlement systems

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      glossary of payment system terminology as a reference document for the standard terms used in connection with payment and settlement systems. It combines various glossaries appended to earlier reports by the CPSS and the European Central Bank (ECB). There are many aspects to payment systems, relating for instance to legal arrangements,


    • [PDF File]Your pocket guide to understanding financial terms

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      terminology to meet with the increasing demand for the book. The guide is an important resource that will help to create a much greater understanding of the dense and obscure jargon which is used on a daily basis in relation to all aspects of the money business. This resource will also give guidance to management and staff who


    • [PDF File]MORTGAGE DICTIONARY

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      MORTGAGE DICTIONARY Adjustable-Rate Mortgage – An adjustable-rate mortgage (ARM) is a product with a floating or variable rate that adjusts based on some index. Amortization - Amortization is a decrease in the value of assets with time, which is normally the useful life of tangible assets.


    • [PDF File]Glossary of English-Spanish financial terms

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      Glossary of English -Spanish Financial Terms: Introduction Listening and responding to consumers is central to the Bureau’ s work to educate and empower


    • [PDF File]IFRS 9, Financial Instruments - PwC

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      IFRS 9 financial instruments— Understanding the basics . Effectively, therefore, changes in the fair value of both the host contract and the embedded derivative now will immediately affect profit and loss. The fact that the model is simpler than IAS 39 doesn’t necessarily mean that it is simple.


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