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Related Definitions
Leasehold Interest A Leasehold Interest is an agreement where a person or corporation, known as a lessee in property investment jargon, leases a block of land from either a landowner or lessor...
Interest-adjusted method Interest-adjusted method is a method of determining cost to an insured of a life insurance policy that considers the time value of
Benchmark interest rate Benchmark interest rate also called the base interest rate, it is the minimum interest rate investors will demand for investing in a non-Treasury security. It is also tied to the yield to maturity offered on the comparable-maturity Treasury security that was most recently
Assumed interest rate Assumed interest rate is a rate of interest used by an insurance company to calculate the payout on an annuity contract.
Strong Vocational Interest Blank Strong Vocational Interest Blank is a questionnaire about a person's interests which is matched with the reported interests of people in different vocations.
Accrued interest Accrued interest applies mainly to convertible securities. Interest that has accumulated between the most recent payment and the sale of a bond or other fixed-income security. At the time of sale, the buyer pays the seller the bond's price plus "accrued interest," calculated by multiplying the coupon rate by the fraction of the coupon period that has elapsed since the last payment. (If a bondholder receives $40 in coupon payments per bond semiannually and sells the bond one-quarter of the way into the coupon period, the buyer pays the seller
$10 as the latter's proportion of interest earned.)
Prime rate of interest Prime rate of interest is a lower rate of interest than that charged to most borrowers. (Given by commercial banks to their largest, most secure corporate borrowers.)
Track of interest Track of interest— In counterdrug operations, contacts that meet the initial identification criteria applicable in the area where the contacts are detected.
Target area of interest Target area of interest refers to the geographical area where high-value targets can be acquired and engaged by friendly forces. Also called TAI.
Simple interest Simple interest is a method for calculating the interest rate on a loan that adjusts for the declining balance on a loan and uses a formula, principal