Contract Note Financial Glossary

What is it? See Brokers Note

Finance Term Definition Added By: Wyatt

Send To Friends!

If you'd like to send the Contract Note definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Contract Note. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Satisfaction is The discharge of an obligation by paying a party what is due (i.e., the satisfaction of an IRS lien or the satisfaction of a mortgage).

Financial Term dollar roll is A short-term funding technique used for mortgage pass-through securities. A seller of a roll agrees to sell a mortgage security at an agreed-upon price on a specified date and to buy back a similar security at a specified future date. The seller receives the use of the funds for the specified time period but does not receive the monthly cash flows from the mortgage security during the roll period. The buyer or counterparty agrees to buy the mortgage security at an agreed-upon price and to sell back a similar security at a specified future date. The buyer is the owner of the security for that time period and as the owner is entitled to all of the cash flows during that period. Unlike a repo/reverse repo transaction, at the end of the transaction time period, the buyer is only required to resell a substantially similar security to the seller.

Financial Term Interest is Money charged for the use of money (principal).

Financial Term Annual General Meeting (AGM) is This is the annual shareholder meeting. All companies apart from the very small are required to have an annual general meeting by law. The background to the companys annual accounts are normally covered in the AGM as well voting for new directors.

Financial Term DebttoIncome Ratio is The percentage of a persons monthly earnings used to pay off debt. It is taken into account by lenders in extending credit.