A variable interest rate (sometimes called an “adjustable” or a “floating” rate) is an interest rate on a loan or security that fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically.
A loan committee is the lending or management committee of a bank or other lending institution. It generally consists of upper-level officers with management authority. The loan committee analyzes and subsequently approves or rejects any loan that the initial loan officer does not have the authority to approve. The committee ensures that the loan meets the institution’s standard lending policy. If it does, the committee can agree to fund and disburse the loan with a binding commitment.
An oversubscription privilege gets extended to a company’s shareholders on the issuance of a rights or warrants offering. The privilege allows shareholders to purchase any shares remaining after other shareholders have had an opportunity to purchase them.
The Harmonized Index of Consumer Prices (HICP) is a list of the final costs paid by European consumers for the items in a basket of common goods. It is a composite measure of inflation in the Eurozone.
The monetarist theory is an economic concept, which contends that changes in money supply are the most significant determinants of the rate of economic growth and the behavior of the business cycle. The competing theory to the monetarist theory is Keynesian Economics. When monetarist theory works in practice, central banks, which control the levers of monetary policy, can exert much power over economic growth rates.
The Foreign Corrupt Practices Act (FCPA) is a United States law passed in 1977 that prohibits U.S. firms and individuals from paying bribes to foreign officials in furtherance of a business deal. The FCPA places no minimum amount for a punishment of a bribery payment. The Foreign Corrupt Practices Act also outlines the required accounting transparency guidelines.
A buy limit order is an order to purchase an asset at or below a specified price, allowing traders to control how much they pay. By using a limit order to make a purchase, the investor is guaranteed to pay that price or less.
The Fisher Effect is an economic theory created by economist Irving Fisher that describes the relationship between inflation and both real and nominal interest rates. The Fisher Effect states that the real interest rate equals the nominal interest rate minus the expected inflation rate. Therefore, real interest rates fall as inflation increases, unless nominal rates increase at the same rate as inflation.
The short answer is yes. Sadly, but it’s the true. According to the CDC:
Who is most at risk for the coronavirus disease?
People of all ages can be infected by the new coronavirus (2019-nCoV). Older people, and people with pre-existing medical conditions (such as asthma, diabetes, heart disease) appear to be more vulnerable to becoming severely ill with the virus.
WHO advises people of all ages to take steps to protect themselves from the virus, for example by following good hand hygiene and good respiratory hygiene.