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Tiered CD

A certificate of deposit (CD) that provides increasing interest rates for increasing deposit amounts. The larger the deposit, the higher...

GPM

It stands for graduated payment mortgage; a fixed rate mortgage that entails low payment (of interest and repayment of principal) in...

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...