are satisfied, the loan will receive final approval. Let nothing interfere with economic growth, even though that growth is castrating truth, poisoning beauty, turning a continent into a shit-heap and riving an entire civilization insane. LTV is a ratio expressing the value of your property to the amount of your You determine your LTV by dividing your loan amount by your property's These are the Resources  a resource is anything of value to us that we can use in the production (to make) of a good or service. Fixed costs: Also called start-up costs, these costs do not vary with the number of items produced or the amount of service performed. A Collection of Financial Keywords and Phrases, A Collection of Keywords and Phrases than 80 percent; that is, 80.01 percent or more of the property is being You might not want to be called that on a first date. More for you: Difference Between LOOSE LOSE LOSS and LOST Difference Between I DON’T HAVE and I HAVE NO! Despite what it sounds like, the “five finger discount” is not actually a discount. SHOPPING Phrases, Dialogs and Phrasal Verbs! additional utility derived from the consumption of an additional unit of X while keeping the quantity of the other good say Y as constant. What is prequalification vs. preapproval: Ditech.com simultaneously gives prequalification and preapproval based upon installments over the course of 30 years. The slope of the line tangent to a curve at a point is the limiting value of the slopes of nearby secant lines. Learn and know the meaning of these Economy terms by their definitions here at The Economic Times. Jackknife Estimator: A jackknife estimator creates a series of estimates, from a single data set by generating that statistic repeatedly on the data set, leaving one data value out each time. in determining a home loan. On the other hand a ripoff is something that costs much more than it is actually worth. up less of the other good in order to get more Y. around it. Kindly e-mail me your comments, suggestions, and concerns. For example, even the word “money” has many synonyms, both formal and colloquial, each with their own slight nuances. Option: A type of derivative instrument. be the marginal rate of substitution. less and less marginal utility compared to the previous ones. balance in full. Partial derivative: A derivative of a multivariable function found by taking the derivative of the function with respect to one of the input variables while all the other input variables are held constant. Utilization: Given a risk limit, the amount of risk being taken as a fraction of the limit. ratio is one of the most important factors in determining a home loan. In this example, the Free Download: 500+ English Phrases . as input and quantity demanded as output; economists use quantity demanded as input and price 6. If something is “duty-free,” then you don’t have to pay taxes with it (“duty” means “tax”). Get It Right! I am convinced that…. Indifference curves do not intersect each other. Use these phrases to say that something was VERY expensive. Quick Ratio – This ratio, also called "acid test" or "liquid" ratio, considers only cash, marketable securities (cash equivalents) and accounts receivable because they are considered to be the most liquid forms of current assets. points, which are fees paid to lower your interest rate. The 100 most useful social English phrases The 100 most useful phrases for starting emails The 100 most useful phrases for ending emails 100 Useful Phrases to Help you Practise Telephone Conversations Submit Your Article . Supply the number of goods and services that producers want to, and are capable of, providing to consumers at different prices, during a particular period.eval(ez_write_tag([[300,250],'myenglishteacher_eu-leader-1','ezslot_14',673,'0','0'])); Producers an individual or organization that makes or provides goods and services to fulfill consumers’ needs and desires. In my mind…. That is, potentially observable random variables in the model have different distributions for different values of the parameter. It is hard for non-native researchers to write research papers in English. by 100,000 gives you a loan-to-value ratio of 80 percent and equity of 20 be the same amount. Formal and Informal Email Phrases – from Greetings to Closing Phrases! Percentage rates of change have labels of percent per input unit. Point of diminishing returns: An inflection point on the graph of a function beyond which the function output increases at a decreasing rate. Properties of the Hessian matrix at an optimum of differentiable function are relevant in many places in economics and finance. Microeconomics a study focusing on individual consumers and organizations, their needs and wants, and the choices they make in regards to fulfilling these needs and wants with the scarce resources available to them. Maybe even a steal. remains fixed for the entire term of the loan), your payments will always If the legal incidence of a per-unit tax is entirely on suppliers, the supply curve will shift up by the amount of the tax. 2) A blessing in disguise - Something good that isn’t recognized by first But we can also use more descriptive words that mean the same thing as “rise” and “fall.”. Increasing without bound: A term applied to the output of a function that infinitely increases in height. If you find a place where goods are duty free, get excited knowing that when you buy something, you’ll be making zero contributions to the federal government. If something at a store is a “steal,” that means that it’s very valuable or in very good condition, yet sold at a very cheap price. Sort:Relevancy A - Z. growth path: Career path, the growth of an employee in organisation. to give up in order to get one additional unit of X. start saving. When you spend lots of money at the hairdressers, you expect excellent, in regular conversation, demand means to ask strongly for something, as if it is your right to have it. The limits within which your housing and debt ratios must fall are determined In general, we measure absolute prices in terms of dollars and relative prices in terms of units of some other good. Value-at-risk (VaR): A category of market risk measures. Demand Curve a graph showing the relationship between the quantity of a goods or services that consumers want, and its price per unit. You can also shorten this expression and say that you’re “rolling in it.” People will mostly likely understand you either way. period." More finance and economy phrases. compare different mortgages based on actual annual costs. More for you: 8 Tricky Idioms About Money with Meanings [Infographic] Idioms and Slang words for Money with Examples from Hip Hop Songs. get more of Y, it becomes less valuable for us and we are willing to give Relative price is the quantity of some other good that can be exchanged for a specified quantity of a given good. A fall in demand shifts the demand curve to the left and a rise in demand shifts the curve to the right. This expression is very casual, though. the equity, the lower the risk - and therefore the lower the interest rate, Autocorrelation: A correlation between a component of a stochastic process and itself lagged a certain period of time. A List or collection of the words or phrases of a language, technical field, etc., usually arranged in alphabetical order and defined 3. If you hear that your friend Mike is loaded, you might want to convince him to buy you some free stuff. Derivative instrument: An instrument which derives its value from the value of other financial instruments. rate lock until the date of the closing as long as your rate lock has not expired. Ratings transition matrix: A matrix indicating probabilities of upgrades or downgrades in bonds' credit ratings. In both situations, the equilibrium quantity will fall, suppliers will receive a lower post-tax price, and demanders will pay a higher post-tax price. Or you might see a store sign saying “cash only” if they only accept physical money. This loan-to-value ratio is one of the most important factors The rate of change of a linear function is its slope. Everyday English Speaking Course #1 – It will/could happen any minute/day now. Approximate change in a function: The rate of change of the function times a small change in the input of the function. a loan. get more of one good, one has to give up some amount of the other. you the money. English English American ... phrases. Tangent line: A line that touches a graph at a point and is tilted exactly the way the graph is tilted at that point. On the other hand, if the legal incidence is entirely on demanders, the demand curve will shift down by the amount of the tax. Submit an article about any area of the English language for publication on our web site. So, here is a compiled list of several English terms, phrases, and idioms that you might find helpful in the world of money. Because how well or how badly it is performing affects all of us. For instance the marginal Least squares method: A procedure to determine the line that best fits a set of data using the criterion that the sum of the squares of the deviations of all the data points from the fitted line, i.e., SSE is at a minimum. Slope graph: Also called the rate-of-change graph or derivative graph, a slope graph depicts the changing nature of the slopes of lines tangent to a graph of a function. Usually though, it means that that person has a lot of money. If the price of gas rises, then gas is getting more expensive. Shape of the Indifference Curves and the Law of Diminishing Marginal At least in the U.S., the word “buck” is synonymous with “dollar.” It’s slightly informal, but pretty much every American uses and understands it. I tried to include mostly expressions that I find common as an English speaker. For a multivariable function, a relative minimum is an output value that is smaller than all values (TBH full form) on Facebook, Instagram, Texting, Subject and Predicate. Decreasing without bound may describe either the end behavior of a function or the limiting value of a function as the input approaches a certain value. Indifference curves slope downward. Trade can take place because of two major reasons: difference in tastes and difference in abilities. Graph: One of the ways to represent a function or a real-life situation by plotting output and input points on coordinate axes. amount is 80.01 percent or more of the property value (loan-to-value ratios Inverse function: If a rule obtained by reversing the input and output of a function is also a function, then it is called an inverse function. Mortgage Terms: To determine your qualification, the first thing ditech.com will do is divide Basically, the lower your loan-to-value ratio, the higher your equity in I strongly/firmly believe. Potential creditors use this ratio to measure a company's liquidity or ability to pay off short-term debts. Rolling in your costs is particularly appropriate if You can also say that you’re “just getting by” or “barely getting by.” You can even say that you’re “just scraping by”—picture yourself scraping the bottom of your wallet for those last pennies you have. Services actions or work activities performed by one person, or organization that is provided for payment from a customer for the service. Income, debt, and mortgage payments: These are the primary factors that effect whether you qualify for a loan. The debt-to-income Where a function has a maximum, has a minimum, or levels off, the slope graph is zero. or as the property appreciates in value. They often refer to phrase dictionaries for academic writing to know useful expressions in academic writing. X-bar chart: A quality control chart for the mean of a process. of substitution is in fact the slope of the indifference curve. Really, you could make any joke about selling your body parts on the black market to pay for something, but this specific expression is very common. Income stream : A flow of money into an interest-bearing account over a period of time. Business Idioms in English list, examples, meanings. It is helpful to calculate first differences for a data set only if all input data values are evenly spaced. You often find duty-free stores in airports or the entire state of Delaware. Thus, Private Mortgage Business Cycle Frequency: The business cycle frequency is often considered to be three to five periods. payments are $100 a month less than your old one, but you had to pay $1,200 Generally the higher this percentage is over 75%, the more vulnerable a concern becomes to unexpected hazards and business climate changes. , where a0, a1, … , an are constants and n is a positive integer called the degree of the polynomial. across the board. Profit: Revenue minus total cost. Another person can also rip you off if they convince you to pay an unreasonable high price for one of their products. Nice to meet you! When input values of a set of data are evenly spaced and the second differences of the output values are constant, the data should be modeled by a quadratic function. ratio, or LTV). The phrase allocation rule is sometimes used to mean the same thing as decision rule. The size of an angle is the measure of this rotation, and a negative sign in front of the size indicates clockwise rotation. demanded corresponding to each possible price whereas quantity demanded is the amount of a good or service that an individual is willing and able to buy at a given price. 10 English Phrases for Talking About the Future. Microeconomics: Microeconomics is the study of the economic choices made by individual I’ve also heard people say that money is burning a hole in their wallet. Utility. Some products are more sensitive to price movements, where sales change drastically after any change in price. In order to A discrete income stream is a one into which money flows at specific intervals of time (quarterly, monthly, daily, and so on.) the left parallel to itself by the amount of the tax. Your lender keeps these funds in the impound/escrow account and then pays Demand curve/function: A graph or equation relating the quantity of goods or services that consumers demand and the price per unit of those goods or services. Examples: Nike produces shoes, Apple produces consumer electronics. Slope: A measure of how steeply tilted a line or curve is. neighborhood. You borrow a lump sum and pay a school of economics; See full entry ... Word Origin late 16th cent. To determine interest is basically the fee your lender charges you in return for lending Suppose we have two goods A and B. Y declines as we move along the curve. I’m guessing that’s where the expression came from.eval(ez_write_tag([[250,250],'myenglishteacher_eu-large-mobile-banner-1','ezslot_16',678,'0','0'])); If somebody is “loaded,” it might mean that they have guns filled with bullets and ready to fire. Delta: The Greek letter for the factor sensitivities measuring a portfolio's first order (linear) sensitivity to the value of an underlier. In order to determine if you qualify for a loan, your lender will calculate Maybe there’s something inherently unsanitary about money? the slope of the IC is simply the marginal rate of substitution of X for However, it might be even more common to be asked, “What do you do for a living?” which is just another way of asking what your job or occupation is. For more visit: mortgage rate protects you against interest rate changes from the date of the Your This ratio is calculated using the following formula: Current Liabilities to Inventory Ratio – This ratio shows, as a percentage, the reliance on available inventory for payment of debt (how much a company relies on funds from disposal of unsold inventories to meet its current debt). For example, you buy a $100,000 home with a $20,000 down payment of your it back over a period of years with interest. rising. Calculus: The branch of mathematics involving derivatives and integrals. Percentage rate of change : A quantity that is useful in describing the relative magnitude of a rate of change. If you’re “making bank,” then you’re making a lot of money, probably because a “bank” is a place that tends to hold a lot of money. The words of a language We have collected almost all the words related to Politics and listed them here for your reference. in case you fail to live up to your obligation. By The current version is the 9th Edition. It’s just you using your hand (five fingers) and literally stealing something from the store. time. case, it doesn't really matter that your loan amount is higher as long as Freedom Loans are simple interest products. loans, purchase loans with LTV of 90 percent or greater, and for second you sell the property and pay back the remaining loan balance. Once all closing conditions and lender requirements Portfolio: The entire collection of financial assets held by an investor. Replacement cost : The cost of replacing an obligation of a counterparty. Secant line: A line through two points on a scatter plot or a function graph. You can also visit open house events in your If you really want to emphasize the physicalness of money, you might want to use the phrase “cold hard cash.” Maybe if you were a drug dealer, you’d ask for that from your customers…. If you have a fixed mortgage (that is, an interest rate that Efficiency: Efficiency activity or turnover ratios provide information about management's ability to control expenses and to earn a return on the resources committed to the business, for example: First differences: The changes in successive output values. The change in relative prices is not the same thing as changes in absolute prices. demand. that slope exists). value of your property. If you have an impound/escrow account, each of your monthly payments will contain a fraction of your annual property tax and insurance costs. MEANING: including everyone or everything EXAMPLE: The computer company decided to give the workers an across-the-board increase in … Ito Process: An Ito process is a stochastic process: a generalized Wiener process with normally distributed jumps. Once your account is created, you'll be logged-in to this account. Work Simplification: Analysis of any aspects of work with the objective of removing any unnecessary obstacles to its effective achievement, such as motion and time study. You repay your loan in monthly The MORTGAGE DEED OF TRUST that is the pledge of the property as security;