FP Financial Glossary
What is it? Framework Program (EU - Fourth FP is FP4 etc.)Finance Term Definition Added By: Megan
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Other Similar Finance Terms:
Financial Term Equity is The difference between the fair market value of a home or other asset and the unpaid balance of the loan, including outstanding liens.Financial Term Index Tracking is A type of investment fund that follows a particular index as closely as possible. It removes the need to employ expensive fund managers, which means charges tend to be lower. The value of the investment will go up and down in line with the index which it is matching.
Financial Term days receivables is The level of accounts receivable expressed as its equivalent in days of a portion of net sales for the year. Calculated by multiplying accounts receivable by 365 and then dividing that product by net sales.
Financial Term The bond, is also known as a fixed income security, is guaranteed by government or, in the case of corporate bonds, is assigned a rating that quantifies the level of risk of non-payment.
Financial Term Arrangement fee is A charge made by some lenders for arranging your credit facilities.