broker loan rate
interest charged for buying derivatives the interest rate that banks charge brokers on money that they lend for purchases on margin
There are three major international rating agencies in the United States: Standard & Poor’s Ratings Services (a unit of The McGraw-Hill Companies), Moody’s Investors Service, and Fitch Ratings (a unit of Fimalac SA). In addition, there are many regional and niche rating agencies that tend
By David Wyss
A loan agreement specifies the rate of interest, and how this will be calculated and paid by the borrower. It also deals with the consequences and penalties in the case of default on payments by the borrower.
At the beginning of the credit cycle, lenders perceive the risk of default to be low. They gladly extend loans even to low-quality borrowers, and accept small risk premiums (measured by yield differentials over risk-free rates). Inevitably, some borrowers incur more debt than they are able
By Martin S. Fridson
In the pensions world, accrual rate is the rate at which an individual’s entitlement to pension benefit builds up related to his or her salary, often in an employer’s pension scheme.
Definitions of ’broker loan rate’ and meaning of ’broker loan rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’broker loan rate’ and other financial terms with our online QFINANCE Financial Dictionary.