lower limit on the maximum possible interest rate an insurance company will pay. If the market interest rates are below that lower limit, the insurance company pays the lower limit rate.
lower limit a lower limit on an interest rate, price, or the value of an asset
2. Markets
where dealers trade face to face an area in a stock exchange or similar market where dealers meet to trade with each other personally.
A lower limit for a variable, such as the lower limit on an interest rate paid or received in a transaction. For example, an adjustable-rate loan may have a floor of 5 percent.
The lower limit for the interest rate on a floating-rate bond.
Forward Contract ...
Floor: a lower limit on an interest rate, price, or the value of an asset.
Flow chart: a graphic representation of the stages in a process or system or the steps required to solve a problem.
An upper and lower limit on the interest rate on a floating-rate note (F.R.N.) or an adjustable rate mortgage (A.R.M.).
The upper and lower limits within which a government or central bank tries to keep its currency exchange rate. If the rate moves outside the band the government and/or the central bank is likely to take action to try to bring it back.
The upper and lower limits on the acceptable level of cash that minimizes the sum of the opportunity cost of excessive cash and the cost of marketable security transactions.
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Personal Finance Glossary ...
The upper and lower limit for changes in the borrower's interest rate over the term of his/her loan.
Lifeline Account ...
Floor - Is the lower limit price or interest rate.
Floor Broker - Is a member of an exchange who executes orders for others. This compares to a Floor Trader.
Collar An upper and lower limit on the interest rate on a floating-rate note (FRN) or an adjustable-rate mortgage (ARM). Collateral Asset than can be repossessed if a borrower defaults.
The mechanism by which members of the EC formerly operated their currency exchange rates within given upper and lower limits. In January 19...(Read more)
Exchange Traded Fund
A fund that tracks an index, but can be traded like a stock.
the difference between the upper and lower limits of a variable or of a series of values.
2. extensive grazing land which provides seasonal feed supply of pasture comprising grasses and clovers and other legumes supplemented by forbs and browse.
3.
FLOORS The lower limits on tax benefits and detriments, e.g. in medical expense. A taxpayer must spend more than the floor for a deduction, and only the amount above the floor is deductible.
FLOW-THROUGH ENTITY See Fiscal transparency ...
For issuers, lower limits means less exposure for the credit card companies, and the biggest issuers like Bank of America, American Express, Citigroup, and JPM Chase might cut nearly $2 trillion in lines over the next 12 to 18 months.
Except for open-ended classes, each class interval (denoted as j) for a quantitative variable must a lower limit (LLj) and an upper limit(ULj). The difference between the upper and the lower limits is the class size or width (W).
If your assets are worth between £20,000 and £12,250 in England (the lower limit in Scotland is £11,750 and in Wales £13,500) then you will receive aid on a sliding scale.
An agreement that puts upper and lower limits on the interest rate of a financial instrument or on the price of something, ...
CONTROL LIMITS - The upper and lower limits on the acceptable level of cash that minimizes the sum of t...
CONTROL PARAMETERS - In a nonlinear dynamic system, the coefficient of the order parameter; the determi...
The lower limit to these fluctuations is called a support level, the price where a stock appears cheap and attracts buyers. The upper limit is called a resistance level, the price where a stock appears expensive and initiates selling.
SUPPLY PRICE: The minimum price that sellers would be willing and able to accept for a given quantity of a good. The emphasis here is on minimum. As a general rule sellers have a lower limit to the price that they would be willing to accept for a ...
Here the lower limit is prescribed by the convenience of the users. Coins that are easily lost, or picked up with trouble, such as the British threepenny piece and the American gold dollar, ought not to be issued.
Collared rate - a variable rate with a fixed upper and lower limit.
Combination loan - see split loan.
Commission - an incentive-based reward or sum of money paid to a salesperson.
The problem with allowing a bidder to build up such a large stake (and the reason lower limits were formerly imposed) is that it may put a bidder in a position to block rival bids before its own bid is made public.
Marginal - 1. (Accounting) Barely adequate or within a lower limit. Or 2. (Economics) The last unit under consideration.
Take the amount by which your modified AGI exceeds the lower limit of the phaseout range that applies to you, and divide it by $15,000 (or by $10,000 in the case of a joint return).
When a market reaches the upper limit and remains there all day, it is said to be having an up-limit day. Conversely, when a market reaches the lower limit and remains there all day, it is said to be having a down-limit day.
In this case as long as your trade is above about $2000 (i.e. $30/0.015) then you are paying 1.5% each way or 3% for a round-trip trade. Therefore, we should try to use $2000 as the minimum trade size, with about $1000 as a lower limit.
year) and graduate students up to $138,500 including any undergraduate Stafford loans ($18,500 per year). These limits are for subsidized and unsubsidized loans combined. The amounts of any subsidized loans are still subject to the lower limits.
A government-imposed lower limit on the price that may be charged for a product. If that limit is binding, it implies a situation of excess supply, which the government may need to purchase itself to keep price from falling.
Price index ...
 See also: Banks, Expense, Collar, Bills, Saving
  
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