- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The risk that the value of a security (or a portfolio) will decline in the future. Or, a type of mortgage pipeline risk created in the production segment when loan terms are set for the borrower in advance of setting terms for secondary market sale. If the general level of rates rises during the production cycle, the lender may have to sell the originated loans at a discount.
Industry:Financial services
The high point at the end of an economic expansion until the start of a contraction.
Industry:Financial services
Chance that the future price of an asset will change.
Industry:Financial services
Also called the dollar value of a basis point; a measure of the change in the price of a bond if the required yield changes by one basis poin
Industry:Financial services
Exchange rate whose value is pegged to another currency's value or to a unit of account.
Industry:Financial services
Making transactions in a security, currency, or commodity in order to stabilize or target its value through market intervention.
Industry:Financial services
An index giving a greater influence to higher-valued stocks by weighting all component stocks by their price.
Industry:Financial services
A clause found in contract agreements that provides for a penalty in the event of default.
Industry:Financial services
A federal tax that can be applied if a plan holder does not meet certain requirements when making withdrawals from a tax-advantaged retirement plan (for instance, if the plan holder has not reached age 59-1/2). This penalty tax is owed in addition to any income taxes due.
Industry:Financial services
A fund set up to pay the pension benefits of a company's workers after retirement.
Industry:Financial services
