Tooltip Categories: Economics & Finance

assessed value

The price placed on a home by the corresponding government municipality to calculate property taxes. In general, this value tends to be lower than the

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asset

Property owned by a person or company, regarded as having value and being available to meet debts, commitments, or legacies. (source: wordreference)

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asset availability

Assets that may be sold relatively quickly, to meet an immediate need. (Read more: http://www.investorwords.com/346/available_assets.html#ixzz2KaNfS9ou)

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asociate

a person who shares actively in anything as a business, enterprise, or undertaking; partner; colleague; fellow worker: https://www.dictionary.com/browse/associate

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arrears

The legal term for the part of a debt that is overdue after missing one or more required payments. (source: http://en.wikipedia.org/wiki/Arrears)

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articles of association

A document that specifies the regulations for a company’s operations. The articles of association define the company’s purpose and lays out how tasks are to

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Asian Development Bank [ADB]

ADB is a multilateral development finance institution dedicated to reducing poverty and improving living standards of people in Asia and the Pacific. It was established

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APR

APR (annual percentage rate) is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage

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