Category: Finance

 preferred stock whose dividend it said of being fixed is adjusted usually quarterly based on changes in the treasury bill rate or other money market rate the prices of adjustable rate preferreds are less volatile than fix rate preferreds also called floating rate or variable rate preferred

1. mortgage agreement between a financial institution in a real estate buyer stipulating predetermined adjustments of the interest rate at specific intervals
2.  mortgage payments are tied to some index outside the control of the bank or Savings and Loan institution such as the interest rate on us treasury bills or the average national mortgage rate adjustments are made regularly usually at intervals of 1 3 or 5 years
3.  in return for taking some of the risk of a rising interest rates borrowers get a lower rate at the beginning of the adjustable-rate mortgage than they would if they took out a fixed rate mortgage covering the same turn
4.  a homeowner who is worried about sharply Rising interest rates should probably choose a fixed rate mortgage whereas one who thinks rate will Rise modestly stay stable or fall should choose an adjustable rate mortgage critics of (arms) charge that these mortgages entice young homeowners to undertake potentially onerous commitments
5.  also called a variable rate mortgage vrm the arm should not be confused with the graduated payment mortgage which is issued at a fixed rate with monthly payments designed to increase as borrower income increases

1. contract between participating members of an investment banking Syndicate sometimes called Syndicate contract or purchase group agreement it is the guys from the underwriting agreement which is signed by the company issuing the Securities and The Syndicate manager acting as agent for the underwriting group
2.  the agreement among Underwriters
   1.  appoints the originating investment banker at Syndicate manager agent 
   2.  appoint additional managers if considered advisable
   3.  Define members proportionate liability( usually limited to the amount of their participation) and agrees to pay each members share on settlement date
   4.  authorizes the manager to form an allocate units is selling group and agrees to abide by the rules of the selling group agreement
   5.  State the life of The Syndicate usually running until 30 days after termination of the selling group or ending earlier by Mutual consent

1.  classification of trade accounts receivable by date of sale usually prepared by a company’s auditor the Aging as the schedule is called is a vital tool in analyzing the quality of a company’s receivables investment it is frequently required by granted tours of credit the schedule is most often seen as
   1.  1 a list of the amount of receivables by the month in which they are created
   2.  into a list of receivables by maturity classified as current or as being in various stages of delinquency
2.  the Aging schedule reveals patterns of delinquency and shows where collection efforts should be concentrated it helps in evaluating the adequacy of the reserve for bad debts because the longer account stretch out the more likely they are to become uncollectible using a schedule can help prevent the loss of future sales since old customers will fall to behind tend to seek out new sources of supply

mutual fund holding stocks of rapidly growing companies while these companies maybe large or small they all shared histories of and prospects for above average profit growth aggressive growth front funds are designed solely for capital appreciation since they produce little or no income from dividends this type of mutual fund is typically more volatile than the overall stock market meaning its shares will rise far more than the average stock during bull markets and will fall further than the typical stock and bear markets investors in aggressive growth funds must realize that the value of their shares will fluctuate sharply overtime aggressive growth funds are also called maximum capital gains funds or capital appreciation funds

1.  in general: any bringing together of parts or units to form a collective hole in the case of data to consolidate and thus reduce it
2.  personal finance: internet related service usually called account aggregation that provides all-in-one convenience by consolidating on the web page information and service from various sources such as your bank account your brokerage account and your credit cards confidential access is gained by entering a username and password some banks offer account aggregation as a convenience to customers usually free of charge
3.  corporate finance: collecting and treating as one of the investment proposals of different operating units
4.  future: combining all of the positions owned or controlled by a trader for reporting and compliance purposes

in macroeconomics the total amount of goods and services supply to the market at alternative price levels in a given time of. Also called total output the central concept is supply-side economics it corresponds with aggregate demand as defined as the total amount of goods and services is demanded in the economy at alternative income levels in a given. Including both consumer and producers Goods aggregate demand is also called total spending the aggregate supply curve just describes the relationship between price levels and the quantity of output that firms are willing to provide

 in stock options trading the number of shares in a put or call contract normally 100 * the exercise price the price of the option call the premium is a separate figure not included in the aggregate exercise price a July call option on 100 XYZ at 70 wood for example have an exercise price of 100 number Sears time 70 price per share of 7000 if exercised on or before the July expiration date in options traded on debt instruments which include government National Mortgage Association pass-throughs treasury bills Tino’s treasury bonds and certain municipal bonds the aggregate exercise price is determined by multiplying the face value of the underlying security by the exercise Plies price for example the aggregate exercise price of Apple option treasury bond December 90 would be 90000 if exercise on or before its December expiration date the calculation being 90% * that hundred thousand face value of the underline Bond

1.  individual authorized by another person called the principal to act in the ladders behalf in transactions involving a third-party banks are frequently appointed by individuals B2B their agents and so authorized their employees to act on behalf of principles agents have three basic characteristics
   1.  they act on behalf of and are subject to control of the principal
   2.  they do not have title to the principal’s property
   3.  they owe the duty of obedient to the principals orders

securities issued by US Government sponsored entities( gse’s) end federally related institutions GS he’s currently issuing Securities comprise 8 publicly chartered entities created to reduce borrowing costs for certain sectors of the economy such as Farms Farmers homeowners and students they include a federal Farm Credit bank system the Farm Credit Financial Assistance Corporation Federal Home Loan Bank Federal Home Loan mortgage Corporation Federal National Mortgage Association( Fannie Mae) and Incorporation( FICO) gse’s issue discount notes with maturities ranging from overnight to 360 days and bonds with the exemption of the Farm Credit Financial Assistance Corporation GSE Securities are not backed by the full faith and credit of the United States government other gse’s that formally issued directly now borrow from the Federal Financing Bank

 Agency Securities part 2

 federally related institutions are arms of the United States government and have not issued Securities directly into the marketplace since the Federal Financing Bank was established to meet their Consolidated bar in needs in 1973 include the export-import bank( exit Bank) of United States the commodity Credit Corporation the farmers housing Administration the general Services administration of the government National Mortgage Association the maritime Administration the private export funding Corporation the rural electrification Administration the Rural Telephone Bank the small business administration the Tennessee Valley Authority and the Washington metropolitan area transit authority except for the private export funding Corporation and the TV a Tennessee Valley Authority federally related institutions obligations are backed by the full faith and credit of the US government agency Securities are exempt from SEC registration and from the state and local income taxes see also Federal Farm Credit system Federal home loan bank system