Super Finance Glossary
Over 10,000 financial glossary terms...
Random Glossary Terms
Recession: A temporary downturn in economic activity, usually indicated by two consecutive quarters of a falling GDP.
Contingent claim: A claim that can be made only if one or more specified outcomes occur.
General partner: A participant who has unlimited liability for the obligations of a partnership.
Multiple-issuer pools: Under the GNMA-II program, pools formed through the aggregation of individual issuers' loan packages.
Tax haven: A nation with a moderate level of taxation and/or liberal tax incentives for undertaking specific activities such as exporting or investing.
