- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Shared ownership among two or more individuals, some of whom may, but do not necessarily, have limited liability with respect to obligations of the group. See: General partnership, limited partnership, and master limited partnership.
Industry:Financial services
A bankruptcy in which a debtor and its creditors pre-negotiate a plan of reorganization and then file it along with the bankruptcy petition.
Industry:Financial services
A written agreement among partners detailing the terms and conditions of participation in a business ownership arrangement.
Industry:Financial services
An asset account showing interest that has been paid in advance, which is expensed and charged to the borrower's P & L statement.
Industry:Financial services
An ERISA-specified individual?such as an administrator, officer, fiduciary, trustee, custodian, or counsel?who is prohibited from making certain transactions involving a retirement plan. A trustee, for example, would be prohibited from using an IRA as collateral for a loan.
Industry:Financial services
A fee a borrower pays a lender when the borrower repays a loan before its scheduled time of maturity.
Industry:Financial services
The process of transferring responsibility for a brokerage firm's trading account from one office to another around the world in order to benefit from trading 24 hours a day.
Industry:Financial services
Also called speed, the estimated rate at which mortgagors pay off their loans ahead of schedule, critical in assessing the value of mortgage pass-through securities.
Industry:Financial services
The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.
Industry:Financial services
Payments made in excess of scheduled mortgage principal repayments.
Industry:Financial services
