Meaning RULE OF 72: A formula used to determine the amount of time it will take for invested money to double at a given compound interest rate, which is 72 divided by the interest rate
More terms such as Rule of 72 in Dictionary R.
- Definition R:
- Examples Fifth letter of a Nasdaq stock symbol specifying that the stock has rights rule of 72 definition.
- Definition Ross, Stephen:
- Examples Developer of the Arbitrage Pricing Theory. Finance professor at MIT rule of 72 explain.
- Definition Reinvestment Risk:
- Examples The risk that proceeds received in the future may have to be reinvested at a lower potential interest rate rule of 72 what is.
- Definition Reproducible Assets:
- Examples A tangible asset with physical properties that can be matched or duplicated, such as a building or machinery rule of 72 meaning.
- Definition Revolving Line Of Credit:
- Examples A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years rule of 72 abbreviation.
