Credit Profile Financial Glossary

What is it? A report that includes information from all three of the major CRAs (Credit Reporting Agencies).

Finance Term Definition Added By: Ashlyn

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Other Similar Finance Terms:

Financial Term Distribution Date is Date on which the payout of realized capital gains on securities in the fund portfolio occurred.

Financial Term Debt Service is The sum of monthly payments required on credit cards, installment loans, home equity loans, and other debts, but not including payments on the loan applied for.

Financial Term Capital Gains Distribution is Profits distributed to shareholders resulting from the sale of securities held in a portfolio for more than one year.

Financial Term Disability is Physical or mental condition that prevents a person from undertaking normal duties of a job or the ordinary activities of life.

Financial Term Annuity is A stream of equal payments to an individual, such as to a retiree, that occur at predetermined intervals (that is, monthly or annually). The payments may continue for a fixed period or for a contingent period, such as for the recipients lifetime. Although annuities are most often associated with insurance companies and retirement programs, the payment of interest to a bondholder is also an example of an annuity.