Effective Debt

Business / Finance / Effective Debt: In an interest rate swap, the date the swap begins accruing interest.

Other Words for Debt

Debt Adjective Synonyms: obligation, due, indebtedness, liability, responsibility, accountability, encumbrance
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Other Words for Effective

Effective Verb Synonyms: effectual, efficacious, productive, capable,eful, serviceable, competent, operative, able, functional, efficient
Effective Adjective Synonyms: impressive, remarkable, noticeable, conspicuous, outstanding, striking, powerful, compelling, moving, telling, effectual
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Fair Debt Collection Practices Act (1978)

Business / Accounting / Fair Debt Collection Practices Act (1978): Federal law that prohibits debt collectors from engaging in unfair, deceptive, or abusive practices when collecting debts. Collectors must send a written notice telling the amount owed and name of the MORE

Firms Net Value Of Debt

Business / Finance / Firms Net Value Of Debt: A definite price on a round-lot bid or offer declared by a market maker on a given security and not identified as a nominal quotation (therefore is not negotiable). MORE

Effective-Interest Amortization

Business / Accounting / Effective-Interest Amortization: A method of systematically writing off a bond premium or discount that takes into consideration the time value of money and results in an equal rate of amortization for each period. MORE

Effective Tax Rate

Business / Accounting / Effective Tax Rate: A tax rate that reflects the percentage of the actual tax liability to the accounting income generated by the company, that is, net tax liability/financial (book) income before taxes. MORE

Effective Spread

Business / Finance / Effective Spread: A sale based on the most recent round-lot price, which determines the price of the next odd lot. The difference created between the last round-lot price and the odd-lot price is referred to as the odd MORE

Floating Debt

Business / Finance / Floating Debt: A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond that has the interest rate of the Treasury bill +.25%. MORE

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