Rate Lock

Business / Finance / Rate Lock: An agreement between the mortgage banker and the loan applicant guaranteeing a specified interest rate for a designated period, usually 60 days.

Other Words for Lock

Lock Noun Synonyms: padlock, hasp, bolt, latch, bar, hook, clasp, catch
Lock Verb Synonyms: tress, curl, ringlet
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Other Words for Rate

Rate Verb Synonyms: measure, pace, gait, speed, velocity, clip
Rate Noun Synonyms: rank, grade, class, classify, evaluate, estimate, calculate, compute, count, reckon, judge, gauge, assess, appraise, measure
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Overlay Strategy

Business / Finance / Overlay Strategy: A strategy of using futures for asset allocation by pension sponsors to avoid disrupting the activities of money managers. MORE

Pac-Man Strategy

Business / Finance / Pac-Man Strategy: Takeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm. MORE

Overclocking

Technology / Computers / Overclocking: The act of running a device like a processor or graphics card, faster than the speed that has been determined by the manufacturer and hardware settings. Faster speeds are achieved by using a higher cl MORE

Overclock

Technology / Computers / Overclock: To run a microprocessor faster than the speed for which it has been tested and approved. Overclocking is a popular technique for eking out a little more performance from a system. In many cases, you c MORE

Operating Rate

Business / Finance / Operating Rate: The percentage of total production capacity of a company, industry, or country that is being used. MORE

Outright Rate

Business / Finance / Outright Rate: Actual forward rate expressed in dollars per currency unit, or vice versa. MORE

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