Index

What is it? A published interest rate - such as the Prime Rate, LIBOR, T-Bill rate, or the 11th District COF - against which lenders compare other investments. Lenders use an index to establish and adjust interest rates on adjustable mortgages, or to compare investme

Added By: Nicholas

Send To Friends!

If you'd like to send the Index definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Index. If you need any more information on this term, please don't hesitate to contact us.