Super Finance Glossary
Over 10,000 financial glossary terms...
Random Glossary Terms
Defined event: The definition applicable to the trigger of a loss in an insurance policy, particularly political risk insurance.
Land contract: Same or similar to "contract to purchase." See also "contract to purchase" under "mortgage."
PAC: Preauthorized checks
Stable Paretian, or Fractal Hypothesis: In the characteristic function of the fractal family of distributions, the characteristic exponent alpha can range between one and two. See: Alpha, Fractal Distributions, Gaussian.
Bullet: A one-time repayment, often after little or no amortization of the loan. See: Balloon Payment.
