Finance terms starting with A

135 terms

101. Asset Classes A type of investment, such as stocks, bonds, or cash equivalents.
102. Asset Management Account An asset management account, offered by a brokerage house, bank, or savings and loan, combines a number of financial services, such as checking, money…
103. Asset management account (AMA) All-in-one asset management accounts provide the financial advantages of an investment account combined with the convenience of an interest-bearing…
104. Asset-backed bond Asset-backed bonds, also known as asset-backed securities, are secured by loans or by money owed to a company for merchandise or services purchased on…
105. Assets What a firm or individual owns.
106. Assign We assign your credit card contract if we sell or pass to a third party any or all of our rights or obligations under the contract, including any amount…
107. Assigned Risk Plan The North Dakota Automobile Insurance Plan is a state-supervised insurance plan available to persons who are unable to obtain such insurance coverage in…
108. Assignment Assignment occurs when someone who has written, or sold, a listed option receives a notice that the option has been exercised and he or she must fulfill…
109. At-the-money At-the-money is another way of saying at the current price. Options whose exercise price is the same or almost the same as the current market price of the…
110. ATM Card Card used primarily for withdrawing funds, depositing funds or making a balance inquiry at an automated teller machine (ATM).
111. ATM surcharge The fee that the institution charges to non-account holders for use of its automated teller machines (ATMs).
112. Auction market Auction market trading, sometimes known as open outcry, is the way the major exchanges, such as the New York Stock Exchange (NYSE) and the Chicago…
113. Audit An audit is a professional, independent examination of a company's financial statements and accounting documents following generally accepted accounting…
114. Audit committee The corporate audit committee is the liaison between the company's management, the board of directors, internal and external auditors, and any other…
115. Authorization The issuance of approval, by a credit card issuer, merchant, or other affiliate, to complete a credit card transaction.
116. Authorized charge An authorized charge is any charge that you or any authorized user makes on the account, and any fees and interest charges owing on the account.
117. Authorized IRS e-file Provider A business authorized by the IRS to participate in the IRS e-file Program. The business may be a sole proprietorship, a partnership, a corporation, or an…
118. Authorized user If you ask us to issue a credit card on this account to another person, he or she is an authorized user.
119. Auto Replacement Coverage A supplemental auto insurance coverage that guarantees your car will be completely repaired or replaced, even if the costs exceed its depreciated value.
120. Automated Clearing House (ACH) A computerized facility used by member depository institutions to electronically combine, sort, and distribute inter-bank credits and debits.
121. Automated Teller Machine (ATM) A machine, activated by a magnetically encoded card or other medium, that can process a variety of banking transactions.
122. Automatic Bill Payment A checkless system for paying recurring bills with one authorization statement to a financial institution.
123. Automatic enrollment Your employer has the right to sign you up for your company's 401(k) plan, in what's known as an automatic enrollment.
124. Automatic exercise If you hold a call option, automatic exercise may occur if the contract is in-the-money by a certain amount.
125. Automatic Premium Loan A provision in a life insurance policy that any premium not paid by the end of the grace period (usually 31 days) will be automatically paid by a policy…
126. Availability Date The date on which checks payable at local or non-local banks are considered to be collected and available for customers' withdrawal.
127. Availability Policy Bank's policy as to when funds deposited into an account will be available for withdrawal.
128. Available Balance The balance of an account less any hold, uncollected funds, and restrictions against the account.
129. Available Credit The difference between the credit limit assigned to a cardholder account and the present balance of the account.
130. Average A stock market average is a mathematical way of reporting the composite change in prices of the stocks that the average includes.
131. Average annual yield Average annual yield is the average yearly income on an investment, expressed as a percentage.
132. Average daily balance The average daily balance method is one of the ways that the finance charge on your credit card may be calculated.
133. Average daily balance method with compounding According to this method, we calculate the interest charges for each balance by applying the “daily periodic rate” for that balance to the “average…
134. Average daily balance method without compounding According to this method, we calculate the interest charges for each balance by applying the “daily periodic rate” for that balance to the “average…
135. Average Final Compensation (AFC) Average final compensation (AFC) is the 12 highest consecutive quarters of a member’s earnable compensation divided by three.