SLOW LOAN
Slow loan is a loan that as it is named, slow to the point that the lender believes it to be at risk to never be paid. For banks and lending institutions, hedging for slow-loan losses is not a big problem as it is customary for them to set aside cash funds for that very purpose. The original provision of a slow loan’s regulatory definition was given by the Office of Thrift Supervision (OTS).
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Tax Court
Specialized court of the law handling and adjudicating tax disputes and issues. In the United States, the Congress has established a federal court ...
Accrual Swap
An interest rate swap which a counterparty pays reference rate, it is usually a three to six month of LIBOR.
Key Rate
A specific interest rate that decides bank lending rates and the credit cost for borrowers. Discount Rate and the Federal Funds rate are the two ke ...
Alternative Order
A mandate of an investor to buy or sell stock using a first come first served basis policy. It is also called the one cancels the other orders. ...
Catalog of Federal Domestic Assistance – CFDA
Government-wide compendium of Federal assistance programs, projects, activities, and services, which offers financial and nonfinancial assistance o ...
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