Bill Financial Glossary
What is it? Debt that has less than 1-year maturity at time of issue.Finance Term Definition Added By: Thomas
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Financial Term Term is The time during which principal and/or interest payments must be made. Generally the time needed to amortize the loan fully.Financial Term Testate is A person who has made a valid Will.
Financial Term RED is Reduce
Financial Term Discount Rate is (1) The interest rate used in calculating the present value of cash flows. The rate reflects the time value of money and risk of the cash flows. (2) The interest rate charged by the twelve Federal Reserve Banks for short-term loans made to member banks.
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