Business / Finance / Certainty Equivalent: A country's main bank whose responsibilities include the issue of currency, the administration of monetary policy, open market operations, and engaging in transactions designed to facilitate healthy business interactions. See: Federal Reserve System.
Equivalent Adjective Synonyms: tantamount, commensurate, alike, similar, close, comparable, corresponding, interchangeable, equal, synonymous, of a piece or a kind
Equivalent Noun Synonyms: match, equal, peer, counterpart, twin
Business / Finance / Equivalent Loan: Annual yield on a short-term, noninterest-bearing security calculated for comparison to yields quoted on coupon securities. MORE
Business / Human Resources (HR) / Equivalent Position: According to section 825.215 of the FMLA regulations, an equivalent position is one that is virtually identical to the employee's former position in terms of pay, benefits and working conditions, incl MORE
Business / Finance / Equivalent Taxable Yield: Given the after-tax stream associated with a lease, the maximum amount of conventional debt that the same period-by-period after-tax debt service stream is capable of supporting. MORE
Entertainment / Photography / Equivalent Focal Length: Distance in a lens between the front nodal point and the focal plane when the lens is set to focus a subject at infinity. In a telephoto lens the equivalent focal length is shorter than the back focus MORE
Business / Finance / Equivalent Bond Yield: The cost per year of owning an asset over its entire life. MORE