of present interest
1present interest — An interest which is presently vested. As used in the Federal Gift Tax statute, a gift of income beginning at once and lasting for life or for a period of years is a gift of a present interest, and a gift of principal at a future date is a gift… …
2document which passes a present interest — index deed Burton s Legal Thesaurus. William C. Burton. 2006 …
3present — pre·sent 1 /pri zent/ vt 1: to lay before a court as an object of consideration present a complaint present ed a defense of insanity 2: to make a presentment of (an instrument) pre·sen·ta·tion /ˌprē ˌzen tā shən, ˌpre , zən / …
4interest, vested — n. A present interest in property that the owner is allowed to transfer in the present but might not be allowed to actually possess or enjoy until some time in the future. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks …
5present — A gift; a gratuity; anything presented or given present, adj Now existing; at hand; relating to the present time; considered with reference to the present time. See also presentment @ present ability As used in describing an element of the crime… …
6Present value — is the value on a given date of a future payment or series of future payments, discounted to reflect the time value of money and other factors such as investment risk. Present value calculations are widely used in business and economics to… …
7interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …
8Interest rate cap and floor — Interest rate c An interest rate cap is a derivative in which the buyer receives payments at the end of each period in which the interest rate exceeds the agreed strike price. An example of a cap would be an agreement to receive a payment for… …
9Interest rate parity — is a no arbitrage condition representing an equilibrium state under which investors will be indifferent to interest rates available on bank deposits in two countries.[1] Two assumptions central to interest rate parity are capital mobility and… …
10Interest rate risk — is the risk (variability in value) borne by an interest bearing asset, such as a loan or a bond, due to variability of interest rates. In general, as rates rise, the price of a fixed rate bond will fall, and vice versa. Interest rate risk is… …
