TruthInLending Act Financial Glossary

What is it? A federal law requiring a disclosure of credit terms using a standard format (also known as Regulation Z). This is intended to facilitate comparisons between the lending terms of different financial institutions.

Finance Term Definition Added By: Mackenzie

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Other Similar Finance Terms:

Financial Term Factor is A funding source that specializes in funding accounts receivable.

Financial Term Liquidity Risk Premium (LP) is The additional return required by investors in securities that cannot be converted into cash at a reasonably predictable price or time.

Financial Term Present Value is Definition Value of future cash flows as if they were available today. A simple example is that an individual might be willing to receive $100 per year for the next ten years for a total of $1,000 as an alternative to receiving $600 (the present value of $1,000) today. The $600 is less than the total of $1,000, but it is a bird in the hand - and the investor doesnt have to wait for ten annual payments. Buying or selling a business is much the same way. What are you willing to pay or receive now for a company in exchange for its future cash flows?

Financial Term Real estate tax is Same or similar to property tax. See also property tax.

Financial Term Hedging is The purchase or sale of a derivative security (such as options or futures) in order to reduce or eliminate risk associated with undesirable price changes of another security.