A mortgage that permits the lender to adjust its interest rate periodically on the basis of changes in
a specified financial index.
Not exact matches
Business reporters can get up to speed on market
indexes with a backgrounder on the Dow and S&PI n my first
Financial Market Reporting piece, I complained that many reporters make casual reference to «the market» without
specifying what they mean.
Cash Settlement Transactions generally involving
index - based futures contracts that are settled in cash based on the actual value of the
index on the last trading day, in contrast to those that
specify the delivery of a commodity or
financial instrument.
A
financial product issued by a bank or other
financial institution which gives you the right to buy shares (or currency, an
index or a commodity) at a set price within a
specified time and traded on the Australian Securities Exchange.
A futures contract provides for the future sale by one party and purchase by another party of a
specified amount of a specific
financial instrument (e.g., units of a stock
index) for a
specified price, date, time and place designated at the time the contract is made.