SolutionsPlus Financial Glossary
What is it? Online portal only available to Lloyds TSB Commercial Finance clients. Provides access to their account, firstcheck credit opinion service, Lloyds TSB bank products and business advice centres.Finance Term Definition Added By: Samuel
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Other Similar Finance Terms:
Financial Term Budget is A statement of our spending plans. The councils financial year starts on 1 April and ends on 31 March.Financial Term Index is An interest rate indicator used to determine changes in the mortgage interest rate. Any index that is beyond the control of the lender and easily verifiable by the borrower can be used. The maturity of the index chosen usually corresponds to the loans adjustment interval. Some commonly used indexes include 6-Month Treasury Bill rates; 13, 3-, and 5-Year Treasuries.
Financial Term Specific grants is Payments from the Government to cover local-authority spending on a particular service or project. Specific grants are usually a fixed percentage of the costs of a service or project.
Financial Term Float is The float is the number of shares of a security that are outstanding and available for trading by the public.
Financial Term Partnership is An agreement between two or more entities to go into business or invest. See also general partnership; limited partnership; joint venture.