margin rate
61federal funds rate — USA federal funds effective rate, Also known as federal funds rate. A floating interest rate reference rate used by a lender under a loan agreement. In general terms, it is the rate per annum equal to the rate charged on federal funds… …
62Adjustable-Rate Mortgage - ARM — A type of mortgage in which the interest rate paid on the outstanding balance varies according to a specific benchmark. The initial interest rate is normally fixed for a period of time after which it is reset periodically, often every month. The… …
63Variable Rate Demand Note - VRDN — A debt instrument that represents borrowed funds that are payable on demand and accrue interest based on a prevailing money market rate, such as the prime rate. The interest rate applicable to the borrowed funds is specified from the outset of… …
64prime rate — The rate of interest charged by US banks to their best borrowers. This is not the same as the UK base rate, as even the best borrowers in the UK normally pay a margin over the base rate for an overdraft. The prime rate is therefore a lending rate …
65Effective margin (EM) — Used with SAT performance measures, the amount equaling the net earned spread, or margin, of income on the assets in excess of financing costs for a given interest rate and prepayment rate scenario. The New York Times Financial Glossary …
66Net Interest Rate Spread — The difference between the average yield a financial institution receives from loans and other interest accruing activities and the average rate it pays on deposits and borrowings. The net interest rate spread is a key determinant of a financial… …
67floating rate note — see note Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. floating rate note …
68Assumed Interest Rate - AIR — The rate of interest, or growth rate, selected by an insurance company. The assumed interest rate is provided to determine the value of an annuity contract and, therefore, the periodic income payment which can be provided to the annuitant.… …
69Shanghai Interbank Offered Rate — The Shanghai Interbank Offered Rate (or Shibor, 上海银行间同业拆放利率) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Shanghai wholesale (or interbank ) money market. See also *LIBOR …
70Stockholm Interbank Offered Rate — (or STIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Swedish wholesale money market (or interbank market). STIBOR is the average (with the exception of the highest… …
