VRSK Financial Glossary

What is it? Very risky

Finance Term Definition Added By: Logan

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Other Similar Finance Terms:

Financial Term Curtailment costs is Curtailment costs are the amounts of money that are paid to a new pension scheme when a defined group of staff transfer from one pension scheme to another. The costs represent the value of the pension rights accrued by the transferring staff.

Financial Term Remortgage is This is when you switch your mortgage from your current lender to another one. You take out a new mortgage to repay your current one. You may be able to get a better rate that saves you money.

Financial Term Fast Stockastics is The theory behind stockastics is that as an upward trend begins to tire, closing prices will fall towards the bottom of the recent range of intra day prices whereas they will have been towards the top of the range when the trend was in full flow. Stockastics is used to indicate an overbought/oversold market. Fast Stochastics consists of two lines, %K and %D The %K line measures, as a percentage, where the current close is, in relation to the lowest low over the observation period (in this case 14 days). This is shown on a scale of 0 to 100, where 0 is the observation period low, and 100 is the observation period high. The %D line is a Simple Moving Average of the %K.Trading signals are generated by the crossover of these two lines.

Financial Term Capital is When investing, this is your original investment. When borrowing, this is the amount of debt, excluding interest. Capital and Interest Mortgage

Financial Term Fiscal Period is The number of the fiscal month you wish to query. Note the Universitys fiscal period starts in July. The Finance system queries on all transactions prior to and including the period indicated.