variable-rate mortgage
121loan — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ large, massive ▪ small ▪ long term, short term ▪ high interest, interest free …
122Monthly Treasury Average Index - MTA Index — The 12 month moving average of the one year constant maturity treasury (CMT) used as an index for adjustable rate mortgages. The index is calculated by adding the 12 most recent monthly CMT values and dividing by 12. Since the MTA index is a… …
123Open market operations — (also known as OMO) is the buying and selling of government bonds on the open market by a central bank. It is the primary means of implementing monetary policy by a central bank. The usual aim of open market operations is to control the short… …
124RPIX — is a measure of inflation in the United Kingdom, equivalent to the all items Retail Price Index (RPI) excluding mortgage interest payments.It was the UK s target rate of inflation from October 1992 to December 2003. From June 1997, the Bank of… …
125Tidewater glacier cycle — The tidewater glacier cycle is the typically centuries long behavior of tidewater glaciers that consists of recurring periods of advance alternating with rapid retreat and punctuated by periods of stability. During portions of its cycle, a… …
126margin — the difference between the selling price and the purchase price of an item usually expressed as a percentage of the selling price. Compare mark up. Glossary of Business Terms Financial safeguards to ensure that clearing members (usually companies …
127variation margin — During periods of great market volatility or in the case of high risk accounts, additional margin deposited by a clearing member firm to an exchange. Chicago Board of Trade glossary margin, gross margin, net margin, security margin, variation… …
128gross margin — margin, gross margin, net margin, security margin, variation margin (1) An amount of cash or collateral that a buyer or borrower must provide in excess of value owed to that buyer or borrower by a seller, lender or depositor. Ensures performance… …
