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General Finance
Industry: Financial services
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General Finance
XDR
Financial services; General Finance
The ISO 4217 currency code for the Special Drawing Rights (SDR).
Usance Letter of Credit
Financial services; General Finance
A letter of credit payable at a determined future date after presentation of conforming documents.
yield burning
Financial services; General Finance
A municipal bond financing method. Underwriters in advance refundings add large markups on US Treasury bonds bought and held in escrow to compensate investors while waiting for repayment of old bonds ...
utility value
Financial services; General Finance
The welfare a given investor assigns to an investment with a particular expected return and risk.
mortgage servicing
Financial services; General Finance
The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default , involved with a mortgage loan.
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