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Seat Financial Glossary

What is it? A figure of speech for a membership on an exchange.

Finance Term Definition Added By: Chloe

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Other Similar Finance Terms:

Financial Term Short Interest is The total number of shares of a security that have been sold short by customers and securities firms. (See Short Selling)

Financial Term Variable maturity mortgage is A long-term mortgage loan under which the interest rate may be adjusted periodically. Payment levels remain the same but the loan maturity is lengthened or shortened to accommodate the adjustment.

Financial Term Point is An amount equity to 1 percent of the principal amount of an investment note. Loan discount points are a one-time charge assessed at closing by the lender to increase the yield on the mortgage loan to A competitive position with other types of investments.

Financial Term Credit History is Kept by a credit bureau, this record details a persons line of credit and debt repayment history. It is used by lenders to help determine if a potential borrower is a good risk.

Financial Term FM is See Federal Need Analysis Methodology.