Tooltip Tags: finance

defray

To provide money to pay costs. (source: http://www.investorwords.com/9421/defray.html)

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default rate

The rate of borrowers who fail to remain current on their loans. It is a critical piece of information used by lenders to determine their

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debt restructuring

A process that allows a private or public company – or a sovereign entity – facing cash flow problems and financial distress, to reduce and

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debt security

A debt security is a type of security that represents money that is borrowed that must be repaid, with terms that define the amount borrowed,

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debt discharge

The cancellation or forgiveness of a debt. (source: http://www.investopedia.com/terms/d/debt-discharge.asp#axzz24SuB3Ll6)

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debt limit

The amount of debt that can be carried at any given time or the maximum borrowing power of a government. (source: http://www.investorwords.com/19353/debt_ceiling.html#ixzz2Pxh9PyTW)

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currency basket

The value of a portfolio of specific amounts of individual currencies, used as the basis for setting the market value of another currency. It is

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cost reduction

The process used by companies to reduce their costs and increase their profits. (source: http://en.wikipedia.org/wiki/Cost_reduction)

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