COMMITMENT FEE
Fee charged to borrowers for unused credit line or undisbursed loan. Imposed by lenders, it is generally specified as a set percentage of the undisbursed loan amount. It compensates for keeping the credit line open or guaranteeing a loan at a given date. The borrower then pays off the fee in exchange for the assurance the lender will supply the loan funds at the given date and contracted interest rate, regardless of the financial and credit markets’ conditions.
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Oil Price to Natural Gas Ratio
It is a mathematical ratio which compares the prices of natural gas and crude oil. In the oil price to natural gas ratio formula, the oil price is ...
Budget Control Act - BCA
Federal statute, signed into law by US President Barack Obama, which was enacted in response to the Debt Ceiling Crisis in 2011. The Act seeks to i ...
Medicare Doughnut Hole
The range of total prescription drug spending in the Medicare Part D program where all of the costs must be covered from the participants’ ow ...
Proprietary Trading
Proprietary trading is when a firm trades for direct gain instead of commission dollars. The firm has essentially decided to profit from the market ...
Common Law Property
System used in determining property ownership owned during marriage. The property purchased by one spouse belongs solely to that individual while p ...
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SEE FOREX TUTORIAL
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
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00:00 | FOMC Member Patrick T. Harker Speaks | ||
00:00 | FOMC Member Patrick T. Harker Speaks |