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Jeep Mortgage

A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...

Graduated Payment Mortgage

A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...

Agency Capture

A situation that arises when regulatory policies and action often favor the industry being regulated at the expense of the...

FRCD

If stands for floating-rate certificate of deposit; a certificate of deposit (CD) that pays a floating interest rate. In other...

Regulatory Capture

A situation that arises when regulatory policies and action often favor the industry being regulated at the expense of the...

Floating Rate Certificate of Deposit

A certificate of deposit (CD) that pays a floating interest rate. In other words, the rate floats upward or downward,...

Risk-Free Rate

The interest rate that would exist on a riskless investment/ security, given that expected inflation is zero. Such a rate...

Rehypothecation

A practice whereby a broker pledges the same collateral, initially posted by a client, to a bank to collateralize a...

MLCD

It stands for market-linked certificate of deposit; a certificate of deposit (CD) that is linked to the performance of some market...

Annual Percentage Rate

The interest rate (charged for borrowing or made by investing) as calculated on an annualized basis including any respective fees...