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Top Searched Definitions

Editor's Picks

  1. Marginal Tax Rate

    The amount of tax paid on an additional dollar of income. ...
  2. Demonetization

    India's demonetization means that it is stripping a ...
  3. Trumponomics

    Trumponomics is a term for the economic policies of ...
  4. Affordable Care Act

    A federal statute signed into law in March 2010 as ...
  5. Austerity

    A state of reduced spending and increased frugality. ...
  6. Purchasing Power

    The value of a currency expressed in terms of the amount ...
  1. Fed Funds Futures

    Fed funds futures are contracts that reflect where the fed funds rate will be at the time of contract expiry.
  2. Mortgage

    A debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by individuals ...
  3. Marginal Tax Rate

    The amount of tax paid on an additional dollar of income. The marginal tax rate for an individual will increase as income rises. This method of taxation aims to fairly tax individuals based upon ...
  4. Real Estate

    Land plus anything on it, including buildings and natural resources.
  5. Macro Virus

    A macro virus infects a software program and causes a series of actions to begin automatically when the program is opened.
  6. Loan-To-Value Ratio - LTV Ratio

    A lending risk assessment ratio that financial institutions and others lenders examine before approving a mortgage.
  7. Term Loan

    A loan from a bank for a specific amount that has a specified repayment schedule and a floating interest rate. Term loans almost always mature between one and 10 years.
  8. Generation X (Gen X)

    Generation X, or Gen X, is the name given to the generation of Americans born between 1961 and 1980. Generation X follows the Baby Boom generation and precedes Generation Y or the Millennial ...
  9. Taxable Income

    Taxable income is described as gross income or adjusted gross income minus any deductions, exemptions or other adjustments that are allowable in that tax year.
  10. Lien

    The legal right of a creditor to sell the collateral property of a debtor who fails to meet the obligations of a loan contract. A lien exists, for example, when an individual takes out an automobile ...
  11. Escrow

    A financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions ...
  12. Amortization

    1. The paying off of debt in regular installments over a period of time. 2. The deduction of capital expenses over a specific period of time (usually over the asset's life). More specifically, ...

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Hot Definitions
  1. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  2. Portfolio Investment

    A holding of an asset in a portfolio. A portfolio investment is made with the expectation of earning a return on it. This ...
  3. Treynor Ratio

    A ratio developed by Jack Treynor that measures returns earned in excess of that which could have been earned on a riskless ...
  4. Buyback

    The repurchase of outstanding shares (repurchase) by a company in order to reduce the number of shares on the market. Companies ...
  5. Tax Refund

    A tax refund is a refund on taxes paid to an individual or household when the actual tax liability is less than the amount ...
  6. Gross Domestic Product - GDP

    The monetary value of all the finished goods and services produced within a country's borders in a specific time period, ...
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