Interest rate swap — An interest rate swap is a derivative in which one party exchanges a stream of interest payments for another party s stream of cash flows. Interest rate swaps can be used by hedgers to manage their fixed or floating assets and liabilities. They… … Wikipedia
interest rate — The percentage of an amount of money which is paid for its use for a specified time. Commonly expressed as an annual percentage rate (APR). Federal and state laws regulate interest rate amounts and disclosures on consumer loans. See annual… … Black's law dictionary
interest rate — The percentage of an amount of money which is paid for its use for a specified time. Commonly expressed as an annual percentage rate (APR). Federal and state laws regulate interest rate amounts and disclosures on consumer loans. See annual… … Black's law dictionary
locked in — A predicament of one who has profits on securities which he owns but which he is unwilling to sell because of the liability for capital gains. A fixed rate of return on an investment or savings instrument, or an interest rate on a loan, rate is… … Black's law dictionary
locked in — A predicament of one who has profits on securities which he owns but which he is unwilling to sell because of the liability for capital gains. A fixed rate of return on an investment or savings instrument, or an interest rate on a loan, rate is… … Black's law dictionary
Reinvestment Rate — The amount of interest that can be earned when money is taken out of one fixed income investment and put into another. The reinvestment rate is the amount of interest the investor could earn if s/he purchased a new bond, if the same investor is… … Investment dictionary
Mortgage Rate Lock Float Down — A mortgage rate lock with the option to reduce the locked interest rate if market interest rates fall during the lock period. A rate lock with a float down option can provide the borrower with security against an increase during the rate lock… … Investment dictionary
Convertible ARM — An Adjustable Rate Mortgage (ARM) that gives the borrower the option to convert to a fixed rate mortgage. Convertible ARMs are marketed as a way to avoid rising interest rates and usually include specific conditions. The financial institution… … Investment dictionary
china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material … Universalium
China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast … Universalium
