SAR Financial Glossary
What is it? See Student Aid Report.Finance Term Definition Added By: Julian
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Other Similar Finance Terms:
Financial Term Wholeoflife insurance is An insurance policy which pays out a lump sum when you die.Financial Term Longterm Gain is A gain on the sale of a capital asset where the holding period was six months or more and the profit was subject to the long-term capital gains tax.
Financial Term MBI is Management buy in. New management team buys into the business acquiring either the shares or the business assets.
Financial Term CRAFT is See Co-operative research project (for SMEs)
Financial Term Interest is For savings and checking accounts, interest is the payment by a financial institution to customers for the use of their funds. Conversely, interest is what a borrower pays over and above the amount of a loan for the use of the financial institutions money (see Principal).