Home
E-Mail
Latest

Home Warranty Financial Glossary

What is it? Offers limited protection for mechanical systems and attached appliances against unexpected repairs not covered by homeowners insurance. Coverage extends over a specific time period and does not cover the homes structure.

Finance Term Definition Added By: Ben

The Home Warranty definition has been viewed 1961 Time(s)!




Send To Friends!

If you'd like to send the Home Warranty definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Home Warranty. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Public body is A public sector body or a legal entity governed by private law with a public-service mission providing adequate financial guarantees

Financial Term preference is A legal term used in bankruptcy to describe a transaction deemed to have occurred under circumstances favorable to the creditor that benefited from the transaction. This provision is intended to protect unsecured creditors. Under the U.S. Bankruptcy Code, the preference period for most creditors is 90 days prior the date of the debtors petition filing. The exception is a one year preference period applicable to creditors deemed to be an insider with respect to the bankrupt debtor. Collateral interests obtained by a creditor during the preference period are undone by the bankruptcy.

Financial Term Minimum Income guarantee is This is the minimum level of income the government guarantees you will receive if you are over 60. If you have less than this level of income, the government tops it up. From October 2003, it will be placed by Pension Credit.

Financial Term Forecast elements excluded from the consensus is The appearance of any suffix against a given forecast denotes exclusion from the consensus. The following suffix codes explain why the forecast is excluded B - Warning, i.e. the companys recent announcement of a profit warning has overtaken the forecast, and a revised forecast is awaited. S - Structural change in the company, such as a merger or de-consolidation, renders the forecast obsolete. A - Age - the forecast is old and is overtaken by events, for example it is out of line with a subsequent interim announcement. R - Results actually achieved have overtaken the forecast. This most often appears when preliminary results are announced after the date of the forecast, and the actual result for the period is materially different from what is expected. When this difference is more than 5%, the forecast is excluded from the consensus. If the EPS forecast is within 5% of the actual result, but the dividend forecast is not, then the dividend forecast alone is excluded. D - Different basis. B- Broker is disqualified temporarily from issuing a new forecast by reason of currently acting for the company in a transaction, e.g. a rights issue, or an acquisition.

Financial Term Indexation is A method by which payments or benefits go up or down in line with an index of prices or earnings.