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Definition of ARM
Adjustable rate mortgage. A mortgage that features predetermined adjustments of the loan interest rate
The price at which a willing buyer and a willing unrelated seller would freely agree to
Also known as a trading index (TRIN)= (number of advancing issues)/ (number of declining
Inventory that has been physically marked as being for a
A widely used model for pricing foreign currency options.
Warrant that allows the user to purchase a bond only by surrendering an existing bond
An agreement between two or more countries that allows the free movement of capital,
The highest price available, expressed in terms of cash, in an open and unrestricted market between informed, prudent parties acting at arm's length and under no compulsion to transact.
Agencies of the federal government set up to supply credit to various classes of
arms of the federal government that are exempt from SEC registration and
A wholly owned U.S. government corporation
Privately owned, publicly chartered entities, such as the Student Loan
The price at which goods or services are bought and sold within divisions of the same organization, as opposed to an arm’s-length price at which sales may be made to an external customer.
A federal act that minimizes the impact on people serving in the armed Forces
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