Ballentine's law dictionary. Anderson, W.S.. 1998.
document which passes a present interest — index deed Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
present — pre·sent 1 /pri zent/ vt 1: to lay before a court as an object of consideration present a complaint present ed a defense of insanity 2: to make a presentment of (an instrument) pre·sen·ta·tion /ˌprē ˌzen tā shən, ˌpre , zən / … Law dictionary
interest, vested — n. A present interest in property that the owner is allowed to transfer in the present but might not be allowed to actually possess or enjoy until some time in the future. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks … Law dictionary
present — A gift; a gratuity; anything presented or given present, adj Now existing; at hand; relating to the present time; considered with reference to the present time. See also presentment @ present ability As used in describing an element of the crime… … Black's law dictionary
Present value — is the value on a given date of a future payment or series of future payments, discounted to reflect the time value of money and other factors such as investment risk. Present value calculations are widely used in business and economics to… … Wikipedia
interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim … Law dictionary
Interest rate cap and floor — Interest rate c An interest rate cap is a derivative in which the buyer receives payments at the end of each period in which the interest rate exceeds the agreed strike price. An example of a cap would be an agreement to receive a payment for… … Wikipedia
Interest rate parity — is a no arbitrage condition representing an equilibrium state under which investors will be indifferent to interest rates available on bank deposits in two countries.[1] Two assumptions central to interest rate parity are capital mobility and… … Wikipedia
Interest rate risk — is the risk (variability in value) borne by an interest bearing asset, such as a loan or a bond, due to variability of interest rates. In general, as rates rise, the price of a fixed rate bond will fall, and vice versa. Interest rate risk is… … Wikipedia
Present value — Pres ent value or Present worth Pres ent worth (of money payable at a future date). The principal which, drawing interest at a given rate, will amount to the given sum at the date on which this is to be paid; thus, interest being at 6%, the… … The Collaborative International Dictionary of English
