pay rate
91Australian Pay and Classification Scales — The Workplace Relations Amendement (Workchoices) Act 2005 , commonly known as WorkChoices, significantly amended the Workplace Relations Act 1996. WorkChoices removed wage rates from Federal Awards and Notional Agreements Preserving State Awards… …
92interest rate swap — A financial instrument representing a transaction in which two parties agree to swap or exchange net cash flows, on agreed upon dates, for an agreed upon period of time, for interest on an agreed upon principal amount. The agreed upon principal… …
93base pay — noun or base salary or base wage Etymology: base (III) : basic wage; specifically : the m …
94interest rate floor — The opposite of an interest rate cap. An arrangement under which the seller, in return for a premium, will pay to the buyer the difference between the specified floor rate and the lower variable rate, should the variable rate fall below that… …
95Fixed-Rate Payment — The amount due every period by a borrower to a lender under a fixed rate loan. The fixed rate loan payments will be equal amounts until the loan plus interest are paid in full. The payment amount can be calculated using the following formula:… …
96Tiered-Rate Account — A checking or savings account that pays interest in increasingly higher amounts as the account balance increases. Each tier corresponds to a range of account balances and interest rates earned by the customer if his or her balance falls within… …
97base rate — /beɪs ˈreɪt/ (say bays rayt) noun 1. the interest rate set by a lending institution as the minimum rate to be charged on loans, usually applying to the wholesale banking market. 2. the regular rate of pay of an employee for a fixed or specified… …
98London Interbank Bid Rate — ( LIBID) The rate that a bank is willing to pay to acquire funds in the international interbank market. American Banker Glossary ( LIBID) The bid rate that a Euromarket bank is willing to pay to attract a deposit from another Euromarket bank in… …
99Equal pay for women — is an issue regarding pay inequality between men and women. It is often introduced into domestic politics in many first world countries as an economic problem that needs governmental intervention via regulation. The Equal Remuneration Convention… …
100Match-Rate Funds — When the interest rate on a loan matches (or is extremely close to) the interest rate on the source of the funds loaned out. An example of this would be if a bank accepted a $100,000 deposit and agreed to pay 5% interest on it for five years,… …
