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Consumer Price Index Financial Glossary

What is it? A monthly cost of living index prepared by the U.S. Governments Bureau of Labor Statistics

Finance Term Definition Added By: Thomas

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Other Similar Finance Terms:

Financial Term MER is Medical Examiners Report - a report by a doctor on a persons health and fitness, sometimes required by insurance companies before they will insure you.

Financial Term ACH is Automated clearing house (also known as direct deposit)

Financial Term Index is An index (e.g. FTSE 100, FTSE 250) measures the weighted price of a basket of stocks and represents the changes using a single figure. It is often used as an indicator of performance.

Financial Term Cum dividend is With dividend.

Financial Term escrow accounts is Cash held in abeyance until an event occurs or does not occur. For example, funds paid monthly by a mortgagor to the mortgagee are held in escrow until they are due to the taxing authority.