Financial Terms Dictionary – Page 109 – itho's internet resources

Account Balance Defined and Compared to Available Credit

After-Tax Contribution: Definition, Rules, and Limits

By Itho June 12, 2007

[ad_1] What Is an After-Tax Contribution? An after-tax contribution is money paid into a retirement or investment account after income taxes on those earnings have already been deducted. When opening…

How It Works, Risks, and Hours

By Itho June 12, 2007

[ad_1] What Is Extended Trading? Extended trading is conducted by electronic networks either before or after the regular trading hours of the listing exchange, such as the New York Stock…

3-2-1 Buydown Mortgage

By Itho June 6, 2007

[ad_1] A 3-2-1 buydown mortgage is a type of loan that starts out with a low interest rate and rises over the next several years until it reaches its permanent…

Expected Utility: Understanding, Calculating, and Examples

By Itho June 6, 2007

[ad_1] What Is Expected Utility? "Expected utility" is an economic term summarizing the utility that an entity or aggregate economy is expected to reach under any number of circumstances. The…

What is a 2-1 Buydown Loan and How do They Work

By Itho June 6, 2007

[ad_1] A 2-1 buydown is a mortgage agreement that provides for a low interest rate for the first year of the loan, a somewhat higher rate for the second year,…

Understanding External Economies of Scale: Meaning and Industry Impact

By Itho June 6, 2007

[ad_1] In economics, economies of scale dictate that the more units a business produces, the less it costs to produce each unit. External economies of scale describe the same phenomenon,…