This is a financial institution that safeguards and upkeeps an individual's, an investment...
Author - Kevin Coulston
Bond
This is a type of financial instrument used to raise capital by borrowing. Bonds are typically...
Drain Information
This refers to rumored or substantiated information with regard to inventory that will be removed...
Federal Emergency Management Agency (FEMA)
This is a governmental unit that leads the nation's emergency management system. FEMA coordinates...
Default
This refers to when one of the parties in the contract has failed to satisfy an agreed-upon...
effective interest rate
Expressed as a percentage, effective interest rate is the cost of credit on an annual basis. This...
gated community
This is a neighborhood or a group of neighborhoods surrounded by masonry walls. These neighborhoods...
gross income
This refers to the income of a borrower before expenses and taxes are deducted. For households...
General Vacancy and Credit Loss
This is an adaptation to the gross potential income on the pro forma income statement in real...
Lower Order Good
A lower-order good, on the other hand, is a good or service that is the complete opposite as it...
