- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio.
Industry:Financial services
A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero.
Industry:Financial services
A whole life insurance policy that provides a death benefit dependent on the insured's portfolio market value at the time of death. Typically the company invests premiums in common stocks, so variable life policies are referred to as equity-linked policies.
Industry:Financial services
A plan in which either the number of shares and/or the price at which they will be issued is not known on the grant date.
Industry:Financial services
A security that sells at a fluctuating market-determined price stocks and bonds are example.
Industry:Financial services
A varible-rate agreement, as distinguished from a fixed-rate agreement, calls for an interest rate that may fluctuate over the life of the loan. The rate is often tied to an index that reflects changes in market rates of interest. A fluctuation in the rate causes changes in either the payments or the length of the loan term. Limits are often placed on the degree to which the interest rate or the payments can vary.
Industry:Financial services
Short-term certificate of deposits that pay interest periodically on roll dates. On each roll date, the coupon on the CD is adjusted to reflect current market rates.
Industry:Financial services
A note that is payable on demand and bears interest tied to a money market rate.
Industry:Financial services
Loan made at an interest rate that fluctuates depending on a base interest rate, such as the prime rate or LIBOR.
Industry:Financial services
