RESPA Financial Glossary
What is it? (see Real Estate Settlement Procedures Act)Finance Term Definition Added By: Gavin
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Other Similar Finance Terms:
Financial Term COFI is (see Cost of Funds Index)Financial Term Current service cost is The current service cost is the increase in the value of the pension schemes future pension liabilities arising from the employees on-going membership of the pension scheme.
Financial Term HSW is Hold / switch
Financial Term Coupon Rate is This is another term for the interest rate on a bond (see Bond).
Financial Term Call is A call option on a block of shares gives the owner the right (but not the obligation) to buy the shares at a specific point in time (the maturity date).It is a type of derivative because, for the life of the instrument, the value of the option is derived from an underlying share.