Leasing Financial Glossary

What is it? A method of renting the use of vehicles, machinery and equipment. The items do not belong to us, but are the property of the leasing company to whom we pay rentals.

Finance Term Definition Added By: Claire

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Other Similar Finance Terms:

Financial Term Total liabilities is Total value of goods or services owed by a company

Financial Term economic value of equity (EVE) is One measure of exposure to interest rate risk. The difference between the sum of the present values of all cash flows from assets and the sum of the present values of all cash flows from liabilities. This difference is a proxy or estimate used for capital when the sensitivity of capital to changes in prevailing interest rates is calculated. The rate risk exposure target focuses on the amount of change in the economic value of equity that might result from a change in prevailing interest rates. It is a long-term, economic target for measuring rate risk exposure. Previously known by the less-accurate name market value of portfolio equity or MVPE. Sometimes called net portfolio value (NPV).

Financial Term Insurance is See property insurance; private mortgage insurance; insured mortgage; title insurance.

Financial Term Key Blocks is A technical term--The key block is the first block on most forms. The information in this block determines what is entered to return to the Key block once you have moved out of it by using the Rollback function.

Financial Term Payment Holiday is A feature offered by some mortgages that allow you to miss monthly payments on your mortgage.