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Terminology Financial Terms and Acronyms
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The glossary data engine of terms and acronyms at NCBuy includes tens of thousands of listings covering a wide variety of topics - of which you are currently viewing the Business and Finance Data subset.

To find terms within this subset, use the letter navigation bar above to browse the terms by their first character, or the search box above to search for specific items.

If your search results do not return the term that you are looking for, try broadening your query by searching on a portion of the term.

For example, you can find the definition for gasoline excise tax by searching on gasoline, or by searching for excise.

Random Term Selections

1. restrictive covenant
A clause in a deed limiting the use of the property.

2. Uniform Commercial Code
A set of business-related laws dealing with the sale of goods, their transportation and delivery, financing, storage, payments, and various other commercial transactions. These model laws have been adopted, with minor modifications, by most states to provide some consistency among states' commercial laws. They were drafted by the National Conference of Commissioners on Uniform State Laws.

3. workout agreement
A plan approved by borrower and lender by which a delinquent borrower can reschedule loan payments so that the entire outstanding principal is eventually repaid.

4. security deposit
Money paid by a renter to a landlord as security against abuse of the rented property. The deposit is returned to the renter when the renter leaves the property in good condition, except for normal wear and tear.

5. interest rate spread
A percent calculated as follows: (dollars of interest earned divided by the dollar amount of interest earning assets) minus (dollars of interest paid divided by the dollar amount of interest costing liabilities).

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