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contract. Accumulated benefit obligation (ABO) The actuarial present value of the pension benefits earned to date. A basic account reconciliation service may simply be a listing of paid checks in serial number order. The analysis may also be used to determine the profitability of a group of demand accounts with the same owner. Corrosivity: pass at 100 Humidity (astm D3310). Cathedral Ceilings, attics, walls, house Wrap, floors and Crawl Spaces. Typical Uses: Under Roof Decking, stapled to Roof joists. Administrative review One of two types of real estate appraisal reviews. CDOs are sometimes defined to be a subset of ABSs. An account control agreement is used to establish a security interest conforming to the requirements set forth in the UCC. This convention is also used for the purpose of calculating accrued interest due from a buyer to a seller of a security sold between interest payment dates. Adjustable-rate mortgage (ARM) A loan for which the interest rate (coupon rate) is adjusted periodically to reflect changes in a previously selected index rate.
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(2) In practice, the term is used to refer to the simultaneous purchase and sale of any two contracts or commodities with largely offsetting risks. Annuities Contracts that guarantee income, often for an individual's lifetime, in venum.com coupon code exchange for a lump sum or periodic payment. Asset-backed security (ABS) A debt security collateralized by assets. See complete appraisal, evaluation, and limited appraisal. APY See annual percentage yield.
Glossary of banking terms, american Banker
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