Super Finance Glossary


Over 10,000 financial glossary terms...

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Glossary term Fee-and-commission compensation: Fee-based compensation
Glossary term Claimant: A party to an explicit or implicit contract.
Glossary term Multiple rates of return: More than one rate of return from the same project that make the net present value of the project equal to zero. This situation arises when the IRR method is used for a project in which negative cash flows follow positive cash flows. For each sign change in the cash flows, there is a different rate of return.
Glossary term Interest rate floor: An interest rate agreement in which payments are made when the reference rate falls below the strike rate. Related: Interest rate cap.
Glossary term Grading Certificates: A formal document setting forth the quality of a commodity as determined by authorized inspectors or graders.