ERA Financial Glossary
What is it? See European Research AreaFinance Term Definition Added By: Colin
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Other Similar Finance Terms:
Financial Term passthrough rate is The net amount of interest paid to investors owning mortgage-backed securities after all servicing and guarantee fees are deducted.Financial Term Assessment is (1) The estimating of value of property for tax purposes.
Financial Term Financial Aid Notification is The letter from the postsecondary institution that lets the student know whether or not aid has been awarded. If the student will be receiving assistance, the notification also describes the financial aid package. State agencies and private organizations may send students financial aid notifications separately from the postsecondary institution. Also see Award Letter.
Financial Term C/L is See Current Liability
Financial Term Income Stock is Common stock that pays dividends at a higher-than-average rate, resulting in a higher yield for stockholders. Income stock frequently in preferred by investors who seek current income in addition to growth.