3V Financial Glossary

What is it? Neutral / Venture

Finance Term Definition Added By: Lauren

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Other Similar Finance Terms:

Financial Term Bond is Long-Term IOU whereby the holder (lender or buyer) is promised to receive fixed payments over a pre-specified time period. Corporate bonds are one of the available instruments that companies can resort to for their financing needs.

Financial Term Loan Commitment is A written agreement between lender and borrower to loan money at a future date, subject to the specified terms and conditions.

Financial Term Building Code is Based on agreed upon safety standards within a specific area, a building code is a regulation that determines the design, construction, and materials used in building.

Financial Term Share is A unit of measuring ownership in a company (i.e., if a firm has 1,000 shares outstanding and if you own 100 of them, then you have a 10% claim on the firms net income (NI) and assets).

Financial Term Telematics Application Program is One of the high level programs under FP3 and FP4, merged into IST in FP5